Friday, October 14, 2011

Gold price per ounce spot gold price per gram; Gold Price Today Green; Silver Price per ounce Approaching Close

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dow2664 Gold and silver price per ounce rates moved higher during the majority of the last trading session today. As the session approached end of day close, gold and silver contract were trending on the positive side of breakeven. Gold price trends have been struggling recently due, in part, to the strengthening of the greenback. The higher dollar value has been placing pressure on precious metal gold and silver acquisition. Over the course of the past month, gold and silver price trends are distinctly negative. Gold and silver price trend movement has spent the whole of the month on the negative side of break-even. According to one month change data analysis, gold price trends are negative by almost 9 percent. Silver price trends are negative by 21.40 percent according to one month change data analysis. As the trading session finalized close numbers today, both gold and silver were bucking recent trends and moving on the positive side of break-even. Contract gold for December delivery was higher by 14.50 at $1683 per troy ounce. Silver contract for December delivery was higher by .506 at $32.17 per troy ounce. Spot gold per gram and spot silver per ounce were also moving in positive territory at this point. Spot gold per gram was higher by .39 at 54.03 and spot silver per ounce was higher by .51 at 32.18. Camillo Zucari



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