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dow2664 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
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