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dow2664 Gold Silver Precious Metal Market News Today: Gold Price per ounce and Silver price per ounce trends slid lower during the final trading session of this week. The safe haven appeal of precious metals diminished as the glare of the positive jobs report in the U.S. diverted investors attention. Both precious metals were tracking negatively at the halfway point in the last trading session and the negative trends continued to the end of day close. Ultimately, gold and silver contracts finished on the negative side of break-even for the day. Economic News Affects Gold and Silver Price Outcomes: The Dow Jones Industrial Average, as well as the Nasdaq and S&P 500 indices, spiked to marks not seen in years to end the last trading session. The Labor Department reported that the U.S. economy added 243,000 jobs in January and the national unemployment rate fell lower to 8.3 percent. The national unemployment rate fell to a mark not seen since 2009. The dollar rose against a handful of other currencies. All of the above pressured precious metal gold and silver positioning. Gold Price per ounce Silver Price per ounce Close Review: Gold contract for April delivery finished the last trading session red by 1.08 percent at 1740.30 per troy ounce. Silver contract for March delivery finished the last trading session red by 1.25 percent at 33.75 per troy ounce. Spot gold price per gram and spot silver price per ounce: Spot gold and spot silver price trends were tracking negatively after last session close. Spot gold price per gram was red by 1.07 at 55.41 and spot silver price per ounce was red by .56 at 33.62. Camillo Zucari
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