Wednesday, January 18, 2012

Gold Price per Ounce Trend-line Analysis; Gold Makes Money over last 5 and 100 day Review; Price of Gold Close Review Today

Precious metal gold price trend-lines: The Dollar recently dropped lower and
this action helped to promote precious metal gold acquisitions. Gold price
pushed higher during the last full trading session and closed out with a
positive floor price. According to end of day close analysis, February contract
gold finished the last session higher overall by .26 percent and posted a floor
price of 1659.90 per troy ounce. Gold prices followed the broader stock market
indices higher through the trading session. Stocks also finished the last
session positively as the Dow, and other primary U.S. indices, finished the day
at relative highs. Gold price review, five day trend and one month change: Gold
price has notched higher by about $20 dollars over the course of the last five
trading sessions. Both one month change analysis, as well as the one year change
analysis, are positive at this point for the precious yellow metal. According to
one month change analysis is positive at this point by approximately 4 percent.
One year change analysis is positive at this current time by approximately 21.7
percent. Camillo Zucari

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