Gold and silver prices were on the mend last session as both gold contract
price per ounce rates and silver contract price per ounce rates closed above the
break-even mark for the day. The dollar hit recent highs which has dampened
precious metal gold and silver acquisition, but the dollar has since dropped
from those relative highs. Last session, the dollar lost strength versus a
basket of other currencies. The dollar dropped versus the euro and the Japanese
yen. This action helped gold and silver price per ounce trend-line movement has
sloped positively once again. As of last session close in the U.S., the primary
indices were green across the board. Contract gold for December delivery closed
out higher by 1.04 percent at 1729.60 per troy ounce. Silver contract for
December delivery finished higher by 3.70 per troy ounce at 33.94 per troy
ounce. Prior to opening bell today, spot gold price per gram trends and spot
silver price per ounce trends continued to moved in the green. Spot gold price
per gram was higher by .76 at 55.80 and spot silver price per ounce was higher
by 1.24 at 33.97. Camillo Zucari
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