Gold price per ounce and silver price per ounce trends have been choppy in the
current market environment. Primary market indices are posting lower this day
and this action often promotes gold and silver safe haven acquisitions. The
primary indices in Asia closed red. European markets were sharply lower today.
Primary stock indices in the U.S. were red at mid-day as well. Volatility in the
eurozone and currency fluctuations are skewing gold and silver price trends.
Prior to opening bell this morning, spot gold price per gram and spot silver
price per ounce trends were moving negatively. As the session reached the
mid-day mark today, gold and silver price trend-line movement was still posting
red. Contract gold for December delivery was posting negative by 1.89 percent at
an electronic price of 1692.50 per troy ounce. Contract Silver for December
delivery was lower by 3.94 percent at an electronic price of 31.14 per troy
ounce. Spot gold price per gram was negative by 1.19 at 54.27 at this point and
spot silver price per ounce was negative by 1.25 at 31.17 at this same point in
the session. Camillo Zucari
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