Friday, September 2, 2011

Todays gold price per ounce silver price per ounce spot gold per gram spot silver per ounce Close

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dow2664 Gold and silver prices were soaring to new highs during the trading session today. Economic news that posted earlier this day was weaker than anticipated and this drove investing behavior. The national unemployment rate remained at 9.1 percent and the jobs created in July equaled half of what was expected. A stock sell off initiated just after opening bell today, stock indices plummeted after the jobs data posted and precious metals like gold and silver notched higher. Gold price per ounce rates bumped up above the 1880 per troy ounce rate as a result. As the end of day close approached for today, the primary stock indices continued to trend in negative territory. The risk of the double dip was tangible. As close neared, the Dow Jones was lower by 2.29 percent at 11,229.97. Gold and silver contracts continued to go green today. Contract gold for December delivery was higher by 2.24 percent at 1870 per troy ounce. Spot gold and spot silver were green at this point in the trading session as well. Spot gold price per gram was higher by 1.72 at 60.43. Spot silver price per ounce was green by 58.45 at 1392.13 per troy ounce at this point in the afternoon. Camillo Zucari



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