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dow2664 Both gold and silver price trend-lines moved in a positive direction during the last trading session. This was a welcomed change, especially for precious metal gold. Although both contracts are posting negative trend-line action over the course of the past month, gold is posting exceptionally negative movement. Just several months back, gold was posting above the 1900 price per ounce mark, but has consistently dropped lower since that point. The eurozone debt crisis is plaguing the precious yellow metal. The euro has been weaker and this debt crisis outcome is diminishing the bottom line for gold and silver acquisitions. Yesterday however, the dollar dropped lower versus the euro, British pound and Japanese yen. The weaker dollar resulted in an increase in gold and silver positioning. Gold and silver rallied during the second trading session of the week. As the trading day came to a close, the primary stock indices were green across the board as were close prices for precious metal gold and silver. Gold contract finished the last session higher by 1.31 percent at 1617.60 per troy ounce. Silver contract for March delivery finished the session higher by 2.29 percent at 29.54 per troy ounce. After last session close and prior to today’s opening bell, spot gold and spot silver price trend-lines moved positively. Spot gold price per gram was higher by .90 at 52.24 and spot silver price per ounce trends moved higher by .72 at 29.59. Camillo Zucari
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