The dollar was gaining strength today versus other major currencies. The dollar
was gaining strength versus the euro, British pound and Japanese yen. Gold can
be more expensive in this environment. Gold prices were about flat lined through
the first half of the trading session today. At the halfway point of todays
trading session, contract gold was about even and contract silver prices were
trending positively. Contract gold for December delivery was higher by .01
percent at 1671 per troy ounce. Electronic price for contract silver for
December delivery was higher by .23 percent at 32.06 per troy ounce. Both gold
and silver continue to be negative overall however over the course of the past
month. Gold prices are still negative over this course of time by 8.34 percent.
Silver is still negative over this course of time by a much more significant
19.85 percent. Spot gold and spot silver prices were mixed at the mid-day point.
Spot gold price per gram was red by .23 at 53.49 and spot silver price per ounce
was green by .14 at 32.12. Alacer gold is making headlines today. Alacer gold,
ALIAF, is posting in the green through the first half of the trading session
today according to MSN Money Stock Quotes. ALIAF was trending higher by 5.79
percent or positive .58 at 10.66. Previous close for Alacer gold Corp. was
10.08.
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