Gold silver Economic Market News Today: Price per ounce rates for gold and
silver contracts dropped lower during the initial half of the last trading
session. Stock indices were moving in a positive direction during the U.S.
session today as economic posts were better than expected. Initial unemployment
claims dropped to 348,000 which was the lowest number in years according to the
Labor Department. Housing starts for January rose higher by 1.5 percent as well.
This positive action diminished precious metal safe haven appeal. Gold and
silver finished the day on mixed. Gold price per ounce silver price per ounce
close review: Gold contract finished the last session on the positive side of
break-even and silver contract closed below break-even for the day. Gold
contract for April delivery closed higher by just .02 percent at 1728.40 per
troy ounce. Silver contract for March delivery finished the last session lower
by .11 percent at 33.37 per troy ounce. Spot gold price per gram and spot silver
price per ounce trends were both moving in a positive direction after last
session close. Spot gold price per gram and spot silver price per ounce trend
review: Prior to opening bell this morning, spot gold price per gram and spot
silver price per ounce trends were both tracking positively. Spot gold per gram
was at 55.64 and spot silver per ounce posted at 33.49. Camillo Zucari
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