Gold price Silver price Stock Market Review News Today: The price of gold and
the price of silver contracts ended on the negative side of break-even to close
out the last trading session of the week. The safe haven appeal of precious
metals dropped lower during the latter half of the previous week due to several
variables. A rising dollar, paired with better-than-expected home based economic
reports in the U.S., reduced investors interest in precious metal positioning.
In addition, news spread that European leaders will meet on Monday to approve
bailout funding for Greece. Stock market trends jumped higher on the news. The
DJIA, as well as the Nasdaq and the S&P 500, finished the week higher overall.
In addition to this positively skewed market news, index trends are also
positioned on the positive side of break-even for the year overall. These
variables pressured the precious metal gold and silver sector and both metals
finished the last session of the week in the red. Gold price per ounce close
silver price per ounce last close review: Gold contract finished the last
session in the red by 2.50 and closed at 1725.90 per troy ounce. Silver contract
moved lower last session by .605 and closed last trade at 33.22 per troy ounce.
Spot gold per gram and spot silver per ounce trends today: Spot gold price per
gram posted at 55.39 after last session close and spot silver price per ounce
posted at 33.25 after last session close. Camillo Zucari
No comments:
Post a Comment