Monday, November 14, 2011

Todays gold price per ounce; Spot gold price per gram; Spot Silver price per ounce; Gold Silver Mid-Day Rate Today

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dow2664 Gold and silver price per ounce trend-line movement today slopes negatively. Gold price per ounce trend-line movement and silver price per ounce trend-line movement has been choppy recently amidst the inconsistencies in the global market environment. Investor behavior is closely tied into the eurozone developments right now which is ultimately affecting the bottom line for gold and silver prices. The volatility with the euro is noteworthy here and investors’ perceptions of the euro continues to push and pull on the price of precious metal gold and silver. The dollar’s recent strength versus the euro and British pound has not helped gold and silver acquisitions rise. Prior to opening bell this morning in the U.S., trend-line movement for spot gold price per gram and spot silver price per ounce was distinctly negative. This presentation comes just one day after gold and silver closed out on the positive side of break-even. Today, as of the halfway point in the U.S. trading session, gold and silver contracts were still moving in negative territory. Contract gold for December delivery was lower by .26 percent with an electronic price of 1783.50 per troy ounce. Silver contract for December delivery was lower by .74 percent at 34.42 per troy ounce according to the electronic pricing at the mid-day mark. Spot gold price per gram was lower at this point by .30 at 57.19 and spot silver price per ounce was red at this point by .51 at 34.17. Camillo Zucari



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