Gold price per ounce silver price per ounce market overview today: Price trends
for both spot gold per gram and spot silver per ounce were tracking positively
prior to opening bell this morning despite price trend-lines for both precious
metals that struggled last session. Safe haven appeal of precious metals took a
hit yesterday as economic posts in the U.S. posted better then expected.
Unemployment data, as well as housing sector data, was better than anticipated
and this reduced safe haven appeal. The dollar had gained versus the euro as
well and this also pressured gold price trend-lines. The uncertainty in the
eurozone is keeping euro valuation uncertain and which is also making it more
difficult for investors to position with precious metals. Hope that Greece is
inching ever closer to the bailout it desperately needs is helping to support
stock index trends today. Gold and silver price trends dropped lower through
mid-day. Gold price per ounce silver price per ounce contract review prices
mid-day: Electronic floor price for April contract gold was lower at the mid-day
mark by .49 percent at 1720 per troy ounce. Electronic price for March silver
was lower by .72 percent at 33.13 per troy ounce according to mid-day electronic
price posting. Spot gold per gram and spot silver per ounce trends were in the
red halfway through the trading session as well. Spot gold was at a mark of
55.30 and spot silver was at a mark of 33.10. Camillo Zucari
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