Trading in the U.S. last week ended on a more positive note. Gold and Silver
Contract Price Rates closed higher as did the primary stock indices in the U.S.
The dollar dropped weaker to a handful of other currencies as gold and silver
acquisitions increased. Contract gold for December delivery ended the last
session higher overall by 1.28 percent at 1636.10 per troy ounce. Silver
contract finished the day higher by 3.01 percent at 31.19 per troy ounce. Gold
price rates have been trending lower overall though for the last several weeks.
One month change analysis still reveals that Gold rate is negative by 5.41
percent. Silver is still negative over the same time frame by 12.50 percent.
Gold and silver investors hope to see the gold and silver advancements that were
observed on Friday carry through the weekend and continue during todays trading
session. Prior to opening bell this morning, spot gold and spot silver price
rates were trending in in the green. Spot gold price per gram was green by .06
at 52.66. Spot Silver was higher as well. Spot silver price per ounce was green
by .10 at 31.29 at this same point. Camillo Zucari
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