Gold and silver price per ounce rates moved up the ladder once again during the
last trading session. Gold price per ounce trends moved in positive territory
during the majority of the last trading session in the U.S. Silver price per
ounce trends moved above breakeven during the last trading session as well. The
dollar dropped lower to the Japanese yen, the British pound, and the euro as
precious metal gold and silver acquisitions increased. Gold contract for
December delivery closed out the last session higher by .99 percent or 16.20 at
1652.30 per troy ounce. Silver contract for December delivery finished the last
session higher by 1.45 percent or .451 to close at 31.64 per troy ounce. During
the interval between last session close and todays session open, spot gold price
per gram trends and spot silver price per ounce trends were moving in positive
territory. Spot silver price per ounce prices were higher by .44 at 31.63 and
spot gold price per gram trends were higher by .48 at 53.08. The positive action
for gold helped to push the one month change status for gold into the green.
Golds one month change status currently sits positive by .15 percent. Silvers
one month change status has climbed into positive territory as well. Silvers
status is positive by 2.66 percent. Gold stocks rallied Monday on the back of
gold futures last session. Camillo Zucari
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