Gold price per ounce rate continued to track higher during the last trading
session. Gold price closed above the break-even mark once again as investors
remained interested in the safe haven appeal of the precious yellow metal. The
primary index composites in the U.S. struggled during the initial half of the
trading session as investor worries, relevant to eurozone debt resolution
developments, festered. A vote passed in Italy yesterday which will help support
the region financially, but over half of the countrys lawmakers unavailable for
the vote. Now many wonder if the government will remain stable in the area. The
uncertainty tied to the eurozone developments continues to plague investors and
pressure market indices. December contract gold finished off the last session
higher by .45 percent, positive 8.10, to close out at 1799.20 per troy ounce.
Silver contract for December delivery finished the last session higher by .93
percent, positive .325, to close out at 35.15 per troy ounce. After session
close but prior to open trading today, spot gold and spot silver trends moved
positively. Spot gold price per gram was higher by .03 at 57.62 and spot silver
price per ounce was higher by .28 at 35.10.
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