Gold and silver price per ounce trend-line movement bucked the recent trends to
close the first trading session of the week on the positive side of break-even.
The one month change status for contract gold and silver is still negative, but
last sessions acquisitions helped to push gold and silver into the green for the
day. Both contracts finished in positive territory. The dollar fell weaker to
the euro and British pound last session and his helped support precious metal
acquisitions. Contract gold for December delivery finished the session higher by
1.49 percent at 1710.80 per troy ounce. Contract silver closed out the last
session higher by 3.70 percent at 32.16 per troy ounce. After last session close
but prior to opening bell today, spot gold price per gram and spot silver price
per ounce trends continued to move positively. Spot gold price per gram was
higher by .73 at 54.93. Spot silver price per ounce was positive by .92 at
31.94. Metal prices rose last session as early signs of stronger holiday retail
sales pumped investor stoked feelings that economic growth is positive. Camillo
Zucari
No comments:
Post a Comment