Gold Silver Market News: Gold and silver price trend-lines have struggled over
the course of the last several weeks. Trend-line action during this time for
gold price and silver price is sloped negatively. The added market volatility
stemming from the eurozone debt crisis continues to pressure the euro. The euro
has weakened in this climate and the dollar has strengthened. Ultimately, the
inverse relationship between the dollar and precious metal gold price can be
observed in the recent price trend-lines. One month change analysis for both
gold and silver is currently negative. Gold Price Silver Price One month change
analysis: As of the end of the first full trading week of 2012, gold and silver
price one month change is still negative. Gold price trend is negative by
approximately 5.1 percent during this time frame. Silver one month change is
currently negative by approximately 9 percent over this same time frame. Last
Gold Silver Contract Price Close: Electronic close price for February gold
contract last session was negative by 4.80 and closed red at 1617.40 per troy
ounce. Electronic close price for March contract Silver was negative last
session by .615 and closed red at 28.70 per troy ounce. Spot gold per gram price
and Spot silver price per ounce price trends: Recent price trends for spot gold
and spot silver were running negatively. Spot gold price per gram was posting
red by .12 at 51.96 and spot silver price per ounce was posting red by .58 at
28.72. Camillo Zucari
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