Thursday, January 19, 2012

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

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dow2664 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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