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dow2664 The primary indices finished the first trading session of this week sharply lower and gold and silver contract price trend-lines dropped lower. A stock sell-off ensued last session bolstered by fears that large U.S. banks, like Bank of America, were at risk due to their ties and associations with the debt crisis in the eurozone. The euro remained volatile last session and was pressured by the ramifications of the debt crisis in general. As a result, the dollar grew stronger versus the euro, the British pound and the Japanese yen, and this action stymied precious metal gold and silver acquisitions. Both contracts finished the last trading session in the red. Gold contract for February delivery finished the last trading session lower by .08 percent at 1596.70 per troy ounce. Silver contract finished the last trading session red by 2.69 percent at 28.87 per troy ounce. After last session close and prior to today’s session open, spot gold price per gram and spot silver price per ounce trend-lines moved in divergent directions. Spot gold price per gram was posting green by .06 at 51.36. Spot silver price per ounce was lower by .79 at 28.82 at this point. Camillo Zucari
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