Gold Price Silver Price Market Trend News Today: According to one month change
analysis, price trend-lines for both gold and silver contracts are currently
posting negative values. Gold price trend has moved negatively by approximately
2.9 percent over this course of time and silver price trend has moved negatively
by approximately 3.4 percent during this time frame. Gold and silver prices
moved negatively once again during the second trading session of this week.
April contract gold posted red at the mid-day mark as did May contract Silver.
Both Contracts finished the day on the negative side of break-even. The dollar
gained strength during the last session and the euro fell lower. As is often the
case when this action is observed, precious metal gold price drops lower. This
market environment diminishes the safe haven appeal of precious metals and fewer
investors are looking to diversify with the precious metals while the dollar is
stronger. Gold price per ounce Silver price per ounce Contract Close: Gold
contract for April delivery finished the session in the red by 1.87 percent at
1,672.10 per troy ounce. Silver contract for May delivery finished the session
red by 2.7 percent at 32.78 per troy ounce. Spot gold per gram and spot silver
per ounce: After last session close and prior to todays opening bell, spot gold
per gram and spot silver per ounce posted red. Spot gold per gram was red by .85
at 53.93 and spot silver per ounce was red by .73 at 32.92.
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