The positive trends for gold price per ounce and silver price per ounce
continued during the last trading session. Both precious metal closing rates
closed out on the positive side of break-even once again. Trends for gold and
silver have been better than expected this past week as trends for the primary
stock indices have been climbing the ladder. October appears positioned to close
out with noteworthy gains in the stock sector as well as the precious metal
sector. Golds one month change status continues to move significantly higher as
the most recent analysis reveals a positive outcome by 7.62 percent. Silvers one
month change status continues to climb higher as well. It is posting higher by
14.86 percent over the same course of time. October has seen an increase in
silver prices by approximately 5 dollars and gold price has risen this month by
approximately 100 dollars. Gold contract for December delivery closed out last
session higher by 1.40 percent at 1747l.70 per troy ounce. Silver contract for
December delivery finished higher by 5.41 percent at 35.11 per troy ounce. After
session close but prior to opening bell this morning, spot gold price per gram
trends were higher by .86 at 56.28. Spot silver price per ounce trends were
moving higher by 2.16 at 35.47. Camillo Zucari
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