Monday, October 10, 2011

Price Per Ounce Gold Today, Price per ounce silver; Spot gold price per gram spot silver price; Market Investing News Mid-Day

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dow2664 Price for Gold per ounce and price for Silver per ounce trend lines were moving in a positive direction this morning. Both gold and silver prices were posting green values at that point. Gold and silver contract prices were moving in a positive direction as were spot gold per gram and spot silver per ounce price trends. It should be noted though that gold and silver price trends have struggled in recent weeks and will be challenged today to continue above break-even. One month change analysis for both gold and silver reveals that both precious metals are losers over the course of this time. As the trading session reached the halfway mark today, the primary stock indices in the U.S. were climbing higher. News posted today pertaining to the European debt crisis. European leaders revealed that they would unveil their plan to solve the debt crisis by month’s end. Investor optimism increased and as a result, stock indices pushed higher along with commodity price trends. Precious metals gold and silver were both trending in positive territory just after the halfway pint in the U.S. trading session. Gold contract for December delivery was higher by 2.29 percent at 1673.30 per troy ounce. Electronic price for Silver contract was higher by 3.60 percent at 32.11 per troy ounce. Spot gold and spot silver prices were also positive. Spot gold per gram was higher by 1.07 at 53.66 and spot silver per ounce was higher by 1.17 at 32.16. Camillo Zucari



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