Gold prices jumped higher during the last trading session. Both contract gold
and contract silver price per ounce rates ended the last trading session in the
green. Gold futures for December delivery moved higher by 25.60 to close out the
day at 1641.60 an ounce. Silver contract for December delivery closed out the
last trading session in the U.S. higher by 1.72 percent at 30.35 per troy ounce.
The primary precious metals went green across the board yesterday. Platinum and
Copper closed out the last session green as well. Prior to opening bell this
morning, trends were still positive. Primary U.S. stock futures were still
posting green as were price trends for spot gold per gram and spot silver per
ounce. Spot gold per gram was higher by .25 at 53.03 at this point and spot
silver price per ounce was higher by .98 at 31.33. As the trading session
reached the halfway point in the U.S., the primary stock composites were still
trending in the green. The initial jobless claims report posted and fewer
Americans applied for benefits than were expected. This helped stocks indices
push higher and gold and silver prices were mixed as of mid-day. The DJIA was
green by over 76 points. Gold Contract for December delivery was lower by .10
percent at 1640 per troy ounce. Silver contract was higher by 3.78 percent at
31.50 per troy ounce. Camillo Zucari
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