Monday, October 17, 2011

Todays Gold Per Ounce Price Spot Gold Per Gram Price trends; Silver price per ounce trends spot silver; Gold Rates Silver Rates

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dow2664 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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