The luster of precious metal gold and silver has been very attractive for
investors lately. Gold and silver continued to attract attention during the
initial half of this trading week. Once again, gold contract for December
delivery closed green last session as did Silver contract for December delivery.
Ahead of the European debt resolution plan, investors were feeling anxious and
moving towards investment positions perceived as safer bets. The gold and silver
sector became more active during this time. Today, European leaders relayed that
an agreement for the debt resolution action plan in Greece had been made that
would help avert financial catastrophe in the eurozone. World stocks popped
higher upon hearing this news today. Primary indicators in the Asian marketplace
closed green today. European stocks finished stronger today. Stock indices in
the U.S. are currently trending green. Gold and silver attraction is fading
right now. Prior to opening bell today, spot gold price trends and spot silver
price trends were moving in negative territory. Currently, contract gold and
silver price trends are posting on the positive side of break-even. Gold
contract for December delivery was higher by .74 percent at 1736.20 at the
mid-day mark. Silver contract for December delivery was higher by .68 percent at
33.54 at the same point. Spot gold and spot silver price trends were also moving
in the green at mid-day. Spot gold price per gram was higher by .58 at 55.99 and
spot silver price per ounce was higher by 1.57 at 34.88. Camillo Zucari
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