Gold price per ounce trends remain on the negative side of break-even according
to current one month change analysis. Gold price trends are lower by about 5.5
percent during this course of time. Silver is negative according to one month
change analysis as well. Over this same course of time, silver price per ounce
trends are negative by 19.08 percent. Although gold and silver contract price
per ounce rates are negative on average in recent months, trends viewed from a
broader perspective are much better. One year change analysis for both gold and
silver prices are significantly better. Silver price per ounce trends are in the
green by almost 32 percent over the course of the past year. Gold price per
ounce trends are in the green by approximately 23 percent according to one year
change analysis. Recent close values for gold and silver contracts revealed
numbers on the positive side of break-even. Gold contract for December delivery
was green by .87 percent at 1683 per troy ounce. Silver contract for December
delivery was higher by 1.60 percent at 32.17 per troy ounce. Gold and silver
prices rallied last session but have been volatile recently as have stocks. Spot
gold and spot silver prices were moving below break-even prior to opening bell
this morning. Spot gold price per gram was lower by .14 at 53.97 and spot silver
price per ounce was lower by .08 at 32.10. Camillo Zucari
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