Global Market News Gold and Silver Price Trends Today: Indices were on the rise
during the opening trading session of the week. Positive momentum built as a
result of the Greek Parliament approval of much needed austerity measures for
Greece. The debt due date in March is approaching and austerity approval is a
key step in securing the bailout funds needed. Stock indicators rose higher on
the news as did precious metal gold and silver prices. The dollar lost ground to
the euro and British pound last session and this action helped support gold and
silver price trends. The positive trending did not hold throughout the session
for both metals however as gold and silver rates closed out on opposite sides of
break-even. Contract gold price and contract silver price close review today:
After closing in negative territory on the last session of the previous week,
gold and silver finished the opening trading session of this week mixed. Gold
contract for April delivery finished the last session just red by .02 percent at
1724.90 per troy ounce. Silver contract finished the last session higher overall
by .35 percent at 33.72 per troy ounce. Spot gold price per gram and spot silver
price per ounce trending news: Spot gold and spot silver price trends were
moving in divergent directions just after last session close and prior to todays
opening bell, price trend-lines were both moving negatively. Spot gold was red
at 55.23 per gram and spot silver was red at 33.53 per ounce. Camillo Zucari
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