Thursday, February 16, 2012

Gold Price Gold Share SPDR; Gold Price per ounce Trends; SPDR Gold Shares finished last session Higher

Gold Price Market Trending News Today: Gold price trend-lines moved higher
during the last trading session. Safe haven appeal grew stronger last session
for the precious yellow metal. End of day close for Gold contract posted higher.
April contract gold finished the last session in the green by 10.40 to post a
floor price close at 1728.10 per troy ounce. So far, gold price change in
February is generally flat-lined but one month change analysis for precious
metal gold is positive. SPDR Gold Trust finished the last session on the
positive side of break-even. Recent news reveals that the SOROS Fund run by
billionaire George Soros, recently increased its share holdings of SPDR.
Although Gold trends in February has been relatively uneventful, this action
raised some eyebrows. SPDR Gold Shares finished the last session higher by .59
percent at 168.11. According to data analysis of the SPDR Gold trust, troy
ounces held posted at 41,097.403. Previous close for SPDR gold shares posted at
167.12. One year change status for SPDR is distinctly positive at this point in
time. SPDR posted at 134.10 one year prior to last session close. Camillo Zucari

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