Wednesday, October 26, 2011

Todays Gold price per ounce rates silver price per ounce rates; Spot gold per gram spot silver per ounce News Today

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dow2664 Gold and silver price trends continued to show positive slope during the most recent trading session. Both precious metals gold and silver finished the most recent trading session on the positive side of break-even. Investors’ anxieties were on the rise during the most recent session as European leaders continued to work out the details of the debt crisis resolution plan that has been developing. Details of this plan are set to be released today, but global investors wonder now if it will be too little too late. The primary stock indices in Europe closed red across the board last session and this negative momentum carried over and applied negative pressure to the primary stock indices in the U.S. The primary index composites in the U.S. finished the last session red across the board. The safe haven appeal of precious metal gold and silver helped to push gold and silver acquisition in the market environment. Investors hold some uncertainty right now and stocks suffered as a result. Contract gold for December delivery however, finished higher by 2.91 percent at 1700 per troy ounce. Silver contract for December delivery finished the session higher by 4.45 percent at 33.05 per troy ounce. After last session close and prior to today’s opening bell, spot gold price trends, as well as spot silver price trends, moved positively. Spot gold per gram was higher by 1.47 at 54.60. Spot silver per ounce was higher by 1.31 at 32.95. Camillo Zucari



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