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dow2664 Gold and silver price trend-lines were moving positively during the majority of this past trading week. Both precious metal gold and silver rallied to bring trend-lines above break-even for the month of October. The momentum gained through the majority of this past trading week was not sustained during the last trading session however. Precious metal gold per ounce rates were dropping lower throughout the day. The dollar ended the day stronger versus the euro and stock indices ended their respective session in the U.S. generally flat-lined. Ultimately, gold rates closed below break-even for the day but silver rates stayed green. Contract gold for December delivery finished the day in the red by .03 percent at 1747.20 per troy ounce. Silver contract for December delivery pushed higher by .50 percent at 35.29 per troy ounce. Similar trend-line movement is observed via spot gold and spot silver data analysis. After last session close, spot gold price per gram continued to trend red by .15 at 56.04. Spot silver price per ounce moved above break-even by .18 at 35.29. Overall for the week, both precious metal gold and silver posted gains. Gold futures notched higher by about 7 percent overall and silver climbed higher by about 13 percent. Camillo Zucari
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