Price trend-line for precious metal gold was positive over the course of the
past trading week. According to price trend-line analysis, gold price change was
positive over the course of the last trading week by about .8 percent overall.
According to YTD change for the precious yellow metal, gold price trend-line is
positive by approximately 4.08 percent. Last trade close for gold contract
posted a market value of 1630.80 per troy ounce. Both gold and silver contracts
finished the last trading session in the red according to posted closing floor
prices. Both metals were pressured as the news spread last week of the eurozone
credit downgrades. The euro weakened as a result and the dollar strengthened.
This minimized gold and silver acquisitions. Gold contract finished the last
trading session lower by 1.03 percent, negative 16.90, to close at 1630.80 per
troy ounce. Silver contract finished the last trading session lower by 2 percent
, minus .602, to post a last trade value at 29.52 per troy ounce. Spot gold
price per gram and spot silver price per ounce: Recent spot gold price per gram
and spot silver price per ounce trends have been positive. Prior to opening bell
for todays trading session, spot gold price per gram and spot silver price per
ounce price trend-lines were moving positively. Spot gold price per gram was
trending positively by .77 at 53.20 and spot silver price per ounce was trending
positively by .63 at 30.15. Camillo Zucari
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