Gold Futures for December delivery had a positive outing during the last
trading session in the USA. Gold price per ounce rates notched higher. Silver
price per ounce rates notched higher. The primary stock index composites
finished the day higher overall as well. Stock indices in the U.S. reached two
month highs. It was a positive day in the marketplace all around. The dollar did
however finish the last session lower versus a handful of other currencies. The
dollar dropped to the euro, British pound and the Japanese yen. The weaker
dollar correlates with the increase in gold acquisition. Gold rates have been
trending lower over the course of the past several weeks and investors are
beginning to take notice. Bargain hunters are looking towards the precious
yellow metal and investors positioned with the yellow metal last session. End of
day close for December delivery gold contract was higher by 1.44 percent or
23.20 at 1636.10 per troy ounce. Silver contract for December delivery closed
out higher by 3.01 percent or .912 at 31.19 per troy ounce. Spot gold price per
gram tracked higher after hours by .93 at 52.79 and spot silver price per ounce
was higher by 1.05 at 31.33. Camillo Zucari
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