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dow2664 Although trend-lines for the primary stock indices pushed into the green during the last trading session, trend-line action for gold and silver contracts was mostly negative. The dollar gained strength once again last session versus a handful of other global currencies, including the euro, and this action pressured gold and silver acquisitions. On a day when trading volume was a fraction of its average, this was enough to push gold and silver price trends into negative territory for the day. As of the end of day close, gold and silver contracts were both in the red. Contract gold for February delivery posted red by .19 percent at 1610.60 per troy ounce. Silver contract for March delivery closed out the last session lower by .69 percent at 29.05 per troy ounce. Prior to opening bell this morning, spot gold and spot silver prices were about break-even. Spot gold price per gram was posting at 51.88 and spot silver price per ounce was posting at 29.26. Gold interest was minimal last session as better-than-expected economic reports posted in the U.S. and reduced overall interest in the safe haven. This action was even more dramatic due to the lower trading volume in the marketplace right now. Camillo Zucari
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