Gold and Silver Price Trend Review and Current Contract Price News Today: Prior
to opening bell this morning, spot gold price and spot silver price trends were
moving in divergent directions. Although gold and silver contracts finished the
last full trading session of last week in the red,spot gold price was tracking
higher prior to opening bell this morning. Overall last week, gold futures lost
approximately 3.3 percent and silver futures lost approximately 4.8 percent. It
was a tough week for precious metal price. The dollar strength was generally
high last week, but did retreat during the latter half of the week. Gold and
silver ended lower anyway. Even though the two metals finished the week lower,
both still post price trend-lines that are moving positively according to year
to date change analysis. Gold is positive by about 5.7 percent and silver is
positive by about 16.8 percent. As the mid-day mark of todays trading session
arrived, gold and silver contracts were posting green. Mid-day Gold Price and
Silver Price Trends: April contract gold was higher by .68 percent at 1667 per
troy ounce and silver for March delivery posted a floor price at 32.60 per troy
ounce. Spot gold price per gram and spot silver price per ounce Mid-Day trends:
Spot gold per gram was trending higher at 53.47 and spot silver per ounce was
trending higher at 32.97 as pf the mid-day mark today. Camillo Zucari
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