Contract gold and silver showed signs of a rebound during the last open trading
session. Both gold contract for December delivery and Silver contract for
December delivery finished their respective session above the break-even mark.
The dollar dropped lower yesterday to the euro and the Japanese yen, and this
action helped to spur precious metal gold and silver acquisitions. Precious
metal gold and silver became more affordable to purchase for many. Gold is still
tracking positively according to one month change analysis. Gold is positive by
about 5.3 percent during this time. Silver is still tracking positively based on
its one month change analysis as well. Silver is positive by about 9.9 percent
during this time. Prior to opening bell this morning, spot gold and spot silver
price trends were still moving in a positive direction. As the mid-day mark of
todays trading session approached, spot gold and spot silver were still tracking
green. Spot gold per gram was at 56.65 and spot silver per ounce was at 34.38.
Contract gold for December delivery was green by 1.41 percent at 1754 per troy
ounce. Contract silver for December delivery was higher by 1.17 percent at 34.34
per troy ounce according to electronic price tracking at mid-day. Camillo Zucari
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