Sunday, October 16, 2011

Todays gold price per ounce gold prices price of Spot gold per gram Philadelphia Gold and Silver Index XAU.X Index

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dow2664 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 Zucari



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