Monday, March 19, 2012

Today’s Gold price per ounce spot gold price per gram; Spot silver price per ounce; Price of Gold Silver

Precious metal gold, silver, dollar, euro, trending News today: Precious metal
prices, especially gold price, have been pressured as the strength of the dollar
versus other global currencies moved higher. The euro has struggle significantly
over the last several months as eurozone leaders have worked tirelessly to
solidify deals and avoid debt default in Greece. The uncertainty weakened the
euro and indirectly reduced the number of investors able to position with the
precious yellow metal. In addition, fewer numbers of investors looked to
position with safe haven gold while dollar investments remained strong. As a
result, the price of precious metals gold and silver dropped to end the last
trading week. Last trade close for Contract Gold and Contract Silver: Both gold
and silver contract prices finished below break-even as of last trade close of
the trading session on the 16th. Last trade close price for April contract gold
posted at 1655.80 per troy ounce. Last trade close for May contract silver
finished the last session at 32.60 per troy ounce. Spot gold price per gram and
spot silver price per ounce trends today: Prior to opening bell today, spot gold
price and spot silver price trends were mixed. Spot gold per gram posted at
53.27 and spot silver per ounce was tracking lower at 32.42. Camillo Zucari

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