Although gold and silver price per ounce rates finished the last trading
session on opposite sides of break-even, trends over the course of the past year
have been positive overall. The one year change status for precious metal gold
is positive by approximately 23 percent according to one-year change analysis.
The one year change for precious metal silver is positive by approximately 8
percent overall according to the one-year change analysis. During the last full
trading session, silver contract closed red however. Contract silver for March
delivery dropped red by .56 percent to 32.69 per troy ounce according to
electronic posting price. Contract gold for February delivery finished the day
green at 1749.10 per troy ounce according to electronic price posting. Floor
price for contract gold was higher by .38 percent at 1751.30 per troy ounce.
Prior to todays open trading session, trend-line movement for spot gold and spot
silver prices moved in a similar fashion. Spot gold price was positive and spot
silver price was in the red. Spot gold price per gram was higher by .23 at
56.03. Spot silver price per ounce was red by .13 at 32.56. Gold and silver
continue to trend in divergent directions in the current marketplace. Camillo
Zucari
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