Gold price per ounce and silver price per ounce experienced some positive
action during the last trading session. Precious metal commodities received
positive attention as did the primary stock indices in the U.S. Investors were
feeling more confident as the day proceeded due to positively skewed news
pertaining to the European debt crisis. The wave of confidence felt by investors
was due to a potential action plan to ameliorate the debt crisis in the
eurozone. This news helped push some market trends higher. Stocks finished
stronger as did precious metal gold and silver contracts. December contract gold
finished the day stronger by 2.14 percent or 35.00 to close out at 1670.80 per
troy ounce. Silver price per ounce rates closed out on the positive side of
break-even as well. Silver contract for December delivery closed out higher by
3.18 percent or .987 to finish at 31.98 per troy ounce. Although the two
precious metals closed out in the green last session, both metal prices are
still moving below break-even over the course of the past month. Spot gold and
spot silver price were trending higher as well. During the interval between last
sessions close and todays session open, spot gold and spot silver prices moved
higher. Spot gold price per gram was higher by 1.30 at 53.89 and spot silver
price per ounce was higher by 1.17 at 32.16. Camillo Zucari
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