Gold and silver price per ounce trends continued to trend on the negative side
of breakeven during the last trading session. Global index composites primarily
finished their respective trading sessions lower overall but concerns investors
have were not enough to stoke the safe haven fires for precious metal gold any
higher. Contract gold price per ounce rate and contract silver price per ounce
rate both closed out the last session in the red. As the final trade numbers
finalized in the U.S. last session, Gold contract for December delivery posted
lower by 2.07 percent at 1612.90 per troy ounce. Silver contract for December
delivery finished the session lower by 3.18 percent at 30.28. After last session
close but prior to todays opening bell in the U.S., spot gold price per gram and
spot silver price per ounce trends moved on the negative side of break-even.
Spot gold per gram was negative by .68 at 52.28. Spot silver price per ounce was
negative by .61 at 30.67. Over the last month, gold and silver price trends have
moved predominantly on the negative side of break-even. Gold is negative by
almost 10 percent during this time-frame. Silver price trends are also red by
about 23 percent during this same time-frame. Camillo Zucari Camillo Zucari
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