Precious metal gold and silver prices finished the day lower overall during the
last trading session. The dollar gained strength versus the euro which made
precious metal gold acquisition weak. Both contract gold and contract silver
price trends moved below break-even on the day. December delivery gold contract
finished the last trading session lower by .84 percent or negative 14.10 to
close at 1668.50 per troy ounce. December delivery silver finished the last
trading session lower by 3.42 percent or negative 1.122 to close at 31.67 per
troy ounce. Gold and silver price trends continue to move on the negative side
of break-even over the course of the past month. One month change analysis for
gold prices reveals that gold is negative by 8.17 percent over this course of
time. Silver is negative by three times that amount. One month change analysis
for silver is negative at this point by 20.82 percent. During the interval after
last session close but prior to todays session open, spot gold and spot silver
price trends remained in negative territory. Spot gold price per gram was red by
.57 at 53.52. Spot silver price per ounce posted red as well by 1.33 at 31.46.
Camillo Zucari
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