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dow2664 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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