Gold price and Silver price market trend news today: Gold price per ounce and
silver price per ounce trends have been choppy this week. Gold and silver price
trend-lines have fluctuated through the week as he stronger dollar and mixed
home economic reports have pushed precious metal price trend-lines around. Prior
to opening bell this morning, the spot gold and spot silver price trends were
tracking negatively again. This negative action comes just one day after gold
and silver contracts finished on the positive side of break-even Wednesday. As
todays trading session progressed, investors had to digest even more negative
news overseas. Manufacturing data out of China and Germany was below
expectations which pushed stock index trends lower. The potential of reduced
demand in these markets, paired with the strengthened dollar, pushed precious
metal gold and silver prices lower. Todays contract gold price per ounce and
contract silver price per ounce mid-day review: Gold contract for April delivery
posted a mid-day price in the red at 1640 per troy ounce. May contract silver
posted a mid-day price in the red at 32.23 per troy ounce. Todays Spot gold
price per ounce spot silver price per ounce trends mid-day: Mid-day price trends
for spot gold and spot silver were negative as well. Spot gold per gram price
posted at 52.67 and spot silver per ounce price posted at 31.38 halfway through
the trading session today. Camillo Zucari
No comments:
Post a Comment