Friday, September 9, 2011

Todays gold price per ounce spot gold price per gram; Silver price per ounce silver price per gram; Dow Jones DJIA Close News

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dow2664 Even in the midst of an economic crisis, precious metal gold appears to be wavering. Is gold experiencing a common correction or is it something more. Gold price per ounce contract rates did finish the last trading session in the green, but then pushed lower once again into the red during the first half of the trading session today. Investors on Wall Street are dealing with a mixed bag of economic data, more negative than positive at this point in time. Europe is having its own troubles as the debt crisis continues to plague investors. The primary stock indices are struggling and safe haven interest in precious metal gold appears to be wavering. In an environment that appears prime to support safe haven interest in gold, trends have been inconsistent. As the last trading session in the U.S. wraps up for the week, the primary indices are in the midst of a huge stock sell off and moving lower. The Dow Jones Industrial Average was lower by over 300 points at 10,995.73 just prior to close. Precious metal gold had turned green by .11 percent at 1859.50 per troy ounce. Contract silver was lower by 2.13 percent at 41.62 per troy ounce. Spot gold per gram was just below break even by .05 at 59.57 and spot silver per ounce was red by .90 at 41.58. Camillo Zucari



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