Gold and silver price trend market news review to day mid-day: Although
contract gold and silver prices were pressured lower during the second trading
session of this week, the spot gold price and spot silver price were tracking
higher prior to opening bell this morning. Gold and silver prices were pressured
lower last session due to several variables. The strength of the U.S. dollar
versus the euro and other global currencies pulled some investors away from the
precious metals. In addition, worries relating to global economic growth
pressured precious metal gold price-line as well. Fears pertaining to a slowdown
in Chinas economy, paired with declines in demand out of India, pushed the
precious metal prices lower through the session. Today, as the trading day
reached the mid-day mark, gold and silver price trends were positive. gold and
silver contract prices were Todays Gold price per ounce and silver price per
ounce mid-day contract review: Electronic price posts were positive for gold and
silver contracts mid-way through the trading session today. April contract gold
was green at 1653.90 per troy ounce. May contract silver was green at 32.24 per
troy ounce. Spot gold price per gram and spot silver price per ounce mid-day
trend review: Spot gold price per gram and spot silver price per ounce trends
were tracking positively at the halfway point in todays trading session. Spot
gold per gram price posted at 53.07. Spot silver price per ounce posted at 32.08
at the mid-day mark. Camillo Zucari
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