Gold and silver price per ounce rates finished in the green once again.
Contract gold and silver price trends closed above break-even as of official
close in the last U.S. trading session. Precious metal gold and silver have
spent the last several trading sessions moving in a positive direction on
average. Investors have been recently worried about the global economy,
specifically regarding the debt resolution process which continues in Europe
this day. Stock sell-offs were observed earlier this trading week as investors
seemed on edge ahead of the eurozone action plan being made public. This worry
pushed gold and silver acquisitions higher and these positive trends continued
during the last session. Last session, the dollar fell weaker to the euro.
Contract gold for December delivery finished off the day higher overall by 1.36
percent or 23.10 to close out green at 1723.50 per troy ounce. Silver contract
for December delivery moved higher by .78 percent or .26 to close green at 33.31
per troy ounce. The one month change status for precious metal gold continues to
climb higher. Golds one month change is positive by 6.14 percent currently.
Silvers one month change status is positive now by 8.95 percent. Gold and silver
continue to attract investor attention. After last session close and prior to
todays session open, spot gold price per gram was trending in positive territory
as was spot silver per ounce. Spot gold per gram was higher by .76 at 55.43 at
this point. Spot silver price per ounce was higher by .50 at 33.56 at this same
point. Camillo Zucari
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