Tuesday, September 6, 2011

Todays gold price per ounce silver price per ounce; spot gold per gram spot silver prices; Dow Jones Market Close Review

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dow2664 Precious metal gold and silver finished out last week’s closing trading session in the green. Economic data posting last Friday was weaker than expected and thus investors moved towards safe haven assets. Today, stock futures set up for the negative open, and upon opening bell, the primary stock indices fell off significantly. The drop off was perceived by most to be the continued aftermath of the weak jobs data. In addition to this, investors continue to worry about eurozone markets and the debt crisis playing out in Greece. Stocks composites stayed red. As the end of day finalized, the primary stock indices were still negative. The Dow Jones Industrial Average was lower by just over 100 points at 11,136. Gold hit an intraday record earlier in the trading session at 1923.70 per troy ounce but had dropped lower as close finalized. Gold contract was lower by .19 percent at 1873.30 per troy ounce. Silver contract was lower by 2.79 percent at 41.87 per troy ounce. Spot gold and spot silver were mixed. Spot gold per gram was higher by .13 at 60.37 and spot silver per ounce was higher by .85 at 42.17 at this point. Camillo Zucari



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