Precious metal gold price trends are moving in positive territory this morning.
Precious metal contract prices closed out the last session in positive
territory. Previous close for live gold pricing was positive by 12.81 at 1680.89
per troy ounce. Gold is experiencing a bit of a rally and the positive action
observed last week in the gold price sector carried through the weekend. Prior
to opening bell for the U.S. trading session, gold futures were still trending
in the green. Gold price per ounce rates at this point were higher by .37
percent at 1687.16 per troy ounce. Spot gold and spot silver price trends were
moving in positive territory at this point as well. Spot gold price per gram was
higher by .08 at 54.19. Spot silver price per ounce was higher by .13 at 32.30
at this same time. Gold and silver investors were also happy to document the
overall weekly surge for gold and silver last week. December delivery gold
closed out the last trading week higher overall by 2.8 percent. Silver futures
performed even better. Silver for December delivery closed out the last week
overall higher by 3.8 percent. Although gold and silver one month change
analysis is still negative, both precious metals are working closer to positive
ground. Precious metals did well overall last week and investors are hoping to
see similar trends this week. So far this morning, trends are positive. Camillo
Zucari
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