Thursday, October 27, 2011

Todays Gold Price Per Ounce Spot Gold Price Per Gram Rates; Spot Silver Price Per Ounce Rate Mid-Day Today

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dow2664 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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