Gold price per ounce and Silver price per ounce Market Review News: Gold and
silver price per ounce trend-lines finished on the positive side of break-even
during the last trading session of this past week. The U.S. dollar fell versus
the euro during the last full trading session of the week and precious metals
gold and silver finished the last session in positive territory. Gold contract
for February delivery finished the last session higher by .62 percent at 1732.20
per troy ounce. Silver contract for March delivery finished the last session
higher by .14 percent at 33.79 per troy ounce. Both metals are positive for the
last five days. YTD change is also positive for both precious metals gold and
silver price trend-lines. Gold and silver price trend-line review: The dollar
was pressured during the latter half of this past week and the Feds decision to
keep interest rates low through 2014 pressures the greenbacks value further.
Gold and silver price is often supported by the weakened dollar. Over the course
of the last five sessions, gold price trend-line moved positively by
approximately 4 percent. Silver price per ounce change for the week was positive
by approximately 6.7 percent. Camillo Zucari
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