XCSFDHG46767FHJHJF
dow2664 Fear and uncertainty surrounding the eurozone debt crisis continues to plague markets. The primary stock indices were pressured lower last week globally and gold and silver rates followed. The dollar index moved up and the dollar strengthened versus a basket of other global currencies. The euro dropped lower to the U.S. dollar once again and this action applied negative pressure to gold and silver acquisitions. Ultimately, gold and silver have dropped lower over the course of the last several weeks. As of the last trading session, gold and silver contracts finished the day on opposite planes. Gold contract closed the day lower overall and silver contract finished the day in the green. Gold contract for December delivery finished the day red by negative 12.20 at 1685.70 per troy ounce. Silver contract for December delivery finished the last session green by positive .32 at 31.01 per troy ounce. After last session close and prior to today’s session open, spot gold and spot silver price trends continued to move in similar directions. Spot gold price per gram was lower by .18 at 54.02. Spot silver price per ounce was higher by .07 at 31.08. Precious metal gold is positioned to open this trading week lower once again. Camillo Zucari
No comments:
Post a Comment