Gold price and silver price Market Review News: Although spot gold and spot
silver ounce trends were posting positively at the onset of the last trading
session, gold price per ounce rates as well as silver price per ounce rates
dropped lower as the last trading session of the week progressed. Spot gold per
gram and spot silver per ounce trends were red by the mid-day mark. Electronic
price posts for gold and silver contracts were also negative at this point in
the trading day. The safe haven appeal of precious metal commodities weakened as
investors felt more optimistic over action in eurozone, specifically in Greece.
Bailout funds are the focal point and leaders are near solidification of bailout
funding. This action has increased investors confidence. Also boosting
confidence was the noteworthy increase posted by the DJIA index last session.
All three primary stock indices in the U.S. closed in the green for the week
overall. Gold and silver price trend-lines dropped lower as a result. Gold price
per ounce close silver price per ounce close trends today: April contract gold
price close d in the red last session by .14 percent at a floor price of 1725.90
per troy ounce. March silver contract close finished the last session red by
1.78 percent at a posted floor price of 33.22 per troy ounce. Spot gold price
per gram and spot silver price per ounce trends: After last session close, spot
gold per gram and spot silver per ounce tracked negatively. Spot gold per gram
was lower by .12 at 55.39 and spot silver per ounce was red by .12 at 33.25.
Camillo Zucari
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