Price of Gold and Silver Market News Today: Stock index trends were weighed
down during the opening half of the trading week as investors felt less certain
that the debt resolution process in the eurozone would sufficiently address and
resolve the debt crisis. Safe haven interest bumped higher as a result of the
related fear. During the latter half of the last trading session, the Federal
Reserve reported that interest rates would be kept lower through rest of the
2012 calendar year. Investors felt a wave of optimism, yet precious metal gold
and silver price trend-lines still posted higher on the day. Safe haven interest
may waver as we move forward this week, but gold and silver contracts closed
green as of last session close. Gold price per ounce silver price per ounce News
today: February contract gold finished the last trading session higher by 2.14
percent and posted a close floor price at 1700.10 per troy ounce. Silver
contract for March delivery moved higher during the last trading session by 3.58
percent and posted a floor price close at 33.12 per troy ounce. Spot gold and
spot silver price trend-line movement: After last session close, spot gold and
spot silver price trends moved in a positive direction. Spot gold price per gram
was posting higher by 1.52 at 55.04. Spot silver price per ounce was posting
higher by 1.14 at 33.11. Camillo Zucari
No comments:
Post a Comment