Gold Price and Silver price Market Trending News Today: Gold and silver price
added another negative day to this trading week. Gold price per ounce trends and
silver price per ounce trends weakened last session again as a result of the
strengthening dollar. The negatively skewed economic reports from overseas also
applied pressure. Manufacturing data out of China and Germany posted below
expectations this week and investors were quick to associate the potential for
weaker precious metal demand in those areas. The euro fell back versus the
dollar once again during the last full trading session. This action also reduced
the number of investors positioning with precious metal safe havens. Gold and
silver contracts finished in the red again to close Thursday. Gold contract and
silver contract price per ounce close review today: April contract gold closed
the day lower by .47 percent at 1642.50 per troy ounce. May contract silver
finished negative on the day by 2.74 percent to post a floor price close at
31.34 per troy ounce. Spot gold price and spot silver price trend review today:
Prior to opening bell this morning, spot gold price and spot silver price trends
were moving positively again. Spot gold price per gram posted at 53.06 and spot
silver price per ounce posted at 31.65. Camillo Zucari
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