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dow2664 Trend-line movement for spot gold price per gram and spot silver per gram price was positive prior to today’s opening bell for trading in the U.S. today. Spot gold was higher by .17 and spot silver was higher by .39. Both precious metal price trend-lines moved higher along with the primary stock indicators today. European leaders announced earlier today that a deal had been struck between seventeen of the countries sharing the euro. Measures would be taken to support the euro and economy . This plan could be ready for complete implementation near March. Investors felt a boost of confidence due to this report and trend-lines sloped positively. This was in contrast to the major liquidation process observed earlier in the trading week. The sell-off in gold earlier this week stemmed from the comments made by European Central Bank President Mario Draghi. Draghi initially implied that the European economy was moving towards more negativity, but has since backed off of those comments. The agreement that posted, via the European Leader summit, has pushed trends in a more positive direction. As the trading session reached the mid-day mark today, stock indices were climbing and contract gold and contract silver prices were pushing higher as well. Contract gold for February delivery was higher by .43 percent at 1720.70 per troy ounce according to electronic price posting at mid-day. Silver contract was higher by 2.46 percent at 32.32 per troy ounce according to electronic price post. Spot gold was about break-even at this point and post silver price per ounce was higher by .52 at 32.05. Camillo Zucari
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