Spot gold price and spot silver price market trends today: Price of gold and
silver slipped as the last trading week unfolded. Spot gold and spot silver
price trend-lines tracked negatively during the course of the last trading
session as precious metal prices posted significant losses. Spot gold and spot
silver prices suffered due, in part, to the better than expected U.S. jobs data.
The U.S. national unemployment rate dropped lower in noteworthy fashion for
January and the Federal Reserve reissued statements supporting a potential QE3
in the future if needed. Investors were overwhelmed with a wave of additional
confidence and optimism regarding U.S. economic recovery and growth and these
feelings diverted investors away from positioning with safe haven metals like
gold and silver . As a result, spot gold and spot silver prices dropped lower to
end the last week of trading. Spot gold price per gram, spot gold price per kilo
trends today: Spot gold price per gram recently posted lower by 1.07 at 55.41.
Spot gold price per kilo recently posted lower by 1070.62 at 55411.81. Spot
silver price per ounce and spot silver price per kilo trends today: Spot silver
price per ounce posted red by .56 at 33.62 and spot silver price per kilo was
lower by 17.91 at 1080.84. Camillo Zucari
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