Gold price per ounce rate closed the last session in the U.S. on the negative
side of break-even. Silver price per ounce rate finished the last U.S. trading
session on the positive side of break-even. Gold shares experienced negative
action last session as the precious metal gold sector experienced a drop off in
acquisitions overall last session. Gold contract for December delivery finished
the last session lower by 1.423 percent or negative 23.80 to close out at
1652.80 per troy ounce. Silver contract for December delivery finished the last
session about break-even at 31.83 per troy ounce. Gold price trends remain
negative by about 7 percent according to one month change analysis. Silver price
trends remain negative by about 22 percent over the same course of time. The
dollar fell lower versus the euro and the British pound last session. Gold price
trend movement after hours continued to reveal red movement. After hours action
for spot gold and spot silver price trends continued to move on the negative
side of break-even. Spot gold price per gram was moving negatively at this point
by .65 at 53.25. Spot silver price per ounce trends moved negatively at this
point by .01 at 31.81. Gold and silver fell off more significantly during the
initial half of last trading session. After hour trends shows little support for
the potential gold and silver rally. Camillo Zucari
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