Monday, December 19, 2011

Todays Gold price per ounce spot gold price per gram; Spot silver price per ounce; Gold Silver Current Commodity News

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dow2664 Gold and silver price trends finished on the stronger side of break-even on the last trading session. Contract gold for December delivery was stronger by 1.54 percent at 1601.50 per troy ounce. Contract silver finished the last session stronger by 1.56 percent at 29.73 per troy ounce. The five day review of contract gold price trends is negative however as is the price trend-line for contract silver during this time frame. Gold and silver acquisitions have been weak as the euro has struggled versus other global currencies recently. Over the course of the last week, the dollar improved overall versus the euro. During the final trading session, the euro bumped higher which helped precious metal gold and silver positioning. Precious metals rallied on Friday as the Philadelphia Gold and Silver Index climbed the ladder by just over 1 percent. The session was but one glimmer of improvement compared to a noteworthy negative stretch for the gold and silver index. Prior to opening bell this morning, spot gold price per gram and spot silver price per ounce trends were posting mixed. Spot gold price per gram was higher at 51.44, but spot silver price per ounce was relative flat-line at 29.61. Camillo Zucari



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