Gold rate price per ounce and silver rate price per ounce continues to struggle
in the current market environment. Stock indices have been up and down this week
but gold and silver have shown generally negative returns over the course of the
past month. Gold rates and silver rates currently trend below break-even over
the span of the past thirty days. Current gold rate one month change analysis
reveals that gold is still negative by about 10 percent during this time frame.
Silver rates is trending negative by about 25 percent over this same course of
time. Gold and silver price per ounce contract rates spent the majority of the
last trading session in the U.S. red and show little consistent signs of
breaking out of the lower pattern. Many investors felt that the spike we saw in
gold and silver several months ago was over-inflation that was doomed to be
corrected. Prior to opening bell this morning in the U.S., spot gold and spot
silver price rate trends were moving on more positive ground. Spot gold price
per gram was trending higher as was spot silver price per ounce. As the trading
session in the U.S., reached the mid-day mark, gold and silver contract prices
were posting in the green. Gold for December delivery was higher by 1.88 percent
at 1643.30 per troy ounce. Silver contract was green by 3.23 percent at an
electronic price of 31.26 per troy ounce. Spot gold per gram was higher by .80
at 52.66. Spot silver per ounce was higher by .88 at 31.16. Camillo Zucari
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