Gold and silver price per ounce trends moved in a positive direction during the
last trading session in the U.S. Gold and silver prices notched higher as the
dollar value dropped lower. The dollar fell to the British pound and the euro
and precious metal gold purchasing became more popular. Contract gold price per
ounce for December delivery closed the last session higher by .54 percent or
positive 9.00 to close out at 1683 per troy ounce. Silver contract for December
delivery closed out the final session of the trading week green by 1.60 percent
or positive .506 at 32.17 per troy ounce. Recent trends for spot gold and spot
silver have been positive as well. Spot gold price per gram was posting higher
by .38 at 54.02. Spot silver price per ounce was posting higher by .49 at 32.16.
Gold price trends are still negative according to one month change analysis.
Gold is negative by 7.59 percent over this time frame. Silver is negative as
well, although to a greater extent. According to one month change analysis,
silver price trends are negative by 21 percent over this course of time. Gold
and silver ignored the recent trends on Friday as shares posted noteworthy
gains. The Philadelphia Gold and silver index, XAU.X, finished the day in the
green. XAU.X closed the last session higher by 3.30 percent at 197.77. Camillo
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