Gold and silver price per ounce contracts bumped higher during the last trading
session and finished the day in the green. The primary precious metals finished
green across the board as of last session close. December contract Copper closed
out the last session higher by 4.52 percent at 3.25 per pound. January contract
Platinum closed out the session higher by 1.70 percent at 1508.10 per troy
ounce. December contract silver closed out Thursdays trading session green by
5.45 percent at 32.00 per troy ounce. December contract gold closed out the last
session higher by .71 percent at 1653.20 per troy ounce. Precious metals enjoyed
a positive boost during the middle portion of this week, but prices are still
lower overall for precious metals gold and silver. According to the one month
change differential for the precious yellow metal, gold is lower by 11.89
percent. Silver is even more negative during this time period. Silver prices
have dropped lower by 24.04 percent according to one month change analysis.
Prior to opening bell this morning in the U.S., spot gold and spot silver prices
were dropping into the red. Spot gold price per gram was lower by .05 at 53.10
and spot silver price per ounce was lower by .05 at 31.96. The primary stock
index composites were posting red at this point too, indicating the lower open
for U.S. stocks. Camillo Zucari
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