Precious metal gold and silver price per ounce rates moved in positive
territory during the last trading session in the U.S. The dollar lost ground to
a handful of other currencies and as a result, gold and silver acquisitions
increased. The dollar fell lower to the euro and the British pound. This action
made precious metal gold and silver acquisition more likely. The primary stock
indices all finished in the green as investor confidence ballooned upon hearing
positively skewed news pertaining to the European bailout planning. Gold and
silver prices benefited as well. Contract gold for December delivery closed out
the session higher by 1.30 percent or positive 21.60 at 1682.60 per troy ounce.
Silver contract for December delivery closed the last session higher by 2.47
percent or positive .79 at 32.79 per troy ounce. Spot gold prices and spot
silver prices were moving in positive territory after last session close. Spot
gold per gram was higher at this point by .70 at 54.10. Spot silver price per
ounce was higher by .74 at 32.74. Gold and silver prices are still negative over
the course of the last 30 days however. Gold prices were negative by 7.62
percent over this course of time, and silver prices were negative by 20.24
percent over this course of time. Camillo Zucari
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