Precious metal contract gold prices moved higher during the last trading
session. The dollar dropped weaker to the euro and the British pound and this
gave global investors power to acquire gold and silver. Contract gold for
December delivery ended the last session higher by 1.30 percent to close out at
1682.60 per troy ounce. Silver contract for December delivery closed out higher
by 2.47 percent at 32.79 per troy ounce. Gold and silver shares moved higher
during the session yesterday. The initial half of the trading session was
beneficial for gold and silver share values as gold and silver values ultimately
finished the day in the green. Noteworthy gainers in the sector were Gold Fields
GFI and Pan American Silver PAAS. According to Google Stock Quotes, Gold Fields
closed out the last session higher by 1.96 percent or positive by .30 at 15.58.
Previous close for GFI was 15.28 according to Google Finance. Silver share
values bumped higher as well for certain equities. Pan American Silver Corp
closed out higher overall for the day. PAAS finished the trading session higher
by .18 percent or .05 at 28.57. Previous close for Pan American Silver Corp was
28.52. Gold and Silver prices have experienced corrections recently but gold and
silver prices rallied during the last session. Gold Fields and Pan American
Silver Corp. benefited as a result. Camillo Zucari
No comments:
Post a Comment