Gold price silver price market trend review today: Gold and Silver price trends
remained negative throughout the whole of the opening trading session this week.
Although gold and silver prices finished green across the board to end the last
trading week, the two precious metals were unable to carry the positive momentum
through the weekend. The dollar remained strong versus the euro last session and
this continued to apply pressure to precious metal price trends. Global economic
news stemming from China was weaker than expected. China reported a trade
deficit of over 31 billion in February. Economists were expecting the trade
deficit to be less by approximately two thirds. This news allows concerns
pertaining to global economic growth to increase. Weaker growth for a nation
like China could equal weaker demand. Gold and silver price dropped lower with
this news. Contract gold price per ounce silver price per ounce close review
today: Gold contract for April delivery finished the last session lower by .68
percent and posted a floor price close at 1699.80 per troy ounce. May contract
silver closed the last session lower by 2.34 percent at 33.41 per troy ounce.
Spot gold price per gram and spot silver price per ounce: After last session
close and prior to todays opening bell, spot gold per gram and spot silver per
ounce price trends were mixed. Spot gold per gram was red at 54.56 and spot
silver price per ounce was green at 33.52. Camillo Zucari
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