Gold price per ounce rates closed in the green last trading session. Silver
price per ounce rates closed higher as well. Both contract gold and silver
prices have moved higher overall over the course of the past one year change.
When viewed from a more narrow perspective though, gold price per ounce and
silver price per ounce trends are trending below break-even. One month change
analysis reveals negative trending for both gold and silver over this course of
time. This morning, prior to opening bell for the first day of trading this week
in the U.S., spot gold and spot silver price trends were posting green. As the
trading session reached the mid-day mark, the primary indices in the U.S. were
dropping into the red. Gold and silver contract were mixed. Gold contract price
per ounce trends were green at mid-day. Gold price per ounce was higher by .12
percent at 1685 per troy ounce. Silver price per ounce rates for December
delivery were lower by .54 percent at 32 per troy ounce. Spot gold per gram was
lower by .55 at 53.56 and spot silver per ounce was lower by .62 at 31.56.
Camillo Zucari
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