Both gold and silver price per ounce trend-line movement followed the primary
stock indicators higher last session. The Feds, along with a handful of other
central banks around the globe, announced measures to support the global
economy. Stock indices in the eurozone and the U.S. shot higher after the news
spread. Gold and silver price rates moved higher as well. Both gold and silver
contracts were green at the mid-day mark last session and finished the day
stronger. The dollar gained versus the euro, British pound and Japanese yen. As
of end of day close, both contract gold and contract silver finished on the
positive side of break-even. Gold contract for December delivery was higher by
1.87 percent at 1745.50 per troy ounce. Silver contract for December delivery
was higher by 2.76 percent at 32.73 per troy ounce. After last session close and
prior to todays opening bell, spot gold per gram and spot silver per ounce
trend-line movement continued to push through positive territory. Spot gold
price per gram was higher by 1.10 at 56.19 and spot silver price per ounce was
higher by .81 at 32.66. Camillo Zucari
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