Sunday, January 29, 2012

Todays Gold Price per ounce; Price of Gold per Ounce Trends; Close Silver Price Per Ounce; Gold Silver Dollar Index News

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dow2664 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 Fed’s decision to keep interest rates low through 2014 pressures the greenback’s 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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