Wednesday, November 16, 2011

Todays Gold Price Per Ounce Rates Spot GOld Price Per Gram; Spot Silver Price Per Ounce; Gold Silver Investing News Mid-Day Today

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dow2664 Gold and silver contract finished on the positive side of break-even last session. Contract gold for December delivery finished last session with a floor price higher by 3.80 at 1782.20 per troy ounce. Contract Silver for December delivery was higher by .43 at 34.46 per troy ounce. Gold and silver price per ounce trend-line movement has been positive over the course of the last several weeks. This morning, prior to opening bell, the primary stock indicators in the U.S. were posting red across the board. The Dow Jones Average, as well as the Nasdaq and S&P 500 futures were positioned on the negative side of break-even. Primary indicators in the Asian and European marketplace were weaker today and investor uncertainty remains tangible. This uncertainty is supporting safe haven acquisitions. Precious metal gold and silver contracts are benefiting as a result. As the trading session reached the mid-day mark today, the primary stock indices in the U.S. were still trending through negative territory but gold contract for December delivery was posting red as well. Contract gold was lower by .43 percent with an electronic price of 1774.50 per troy ounce. Silver contract was lower by .76 percent with an electronic price of 34.20 per troy ounce. Spot gold and spot silver prices were lower at this point in the session as well. Spot gold price per gram was red by .35 at 56.95 and spot silver price per ounce was red by .35 at 34.10. Camillo Zucari



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