Gold Price and Silver Price Market Trending News Today: Gold has been pressured
this week. The dollar has gained strength versus the euro in the current climate
and this action has pushed gold price lower. Gold contract price closed the last
session on the negative side of break-even for the day and prior to opening bell
this morning, spot gold price trends and spot silver price trends continued to
move negatively. Federal Reserve Chairman, Benjamin Bernanke, released the FEDs
report this week which was void of language that supported another round of QE3
in the short term for the American economy. This news only strengthened the
dollars standing which in turn diminishes the number of investors positioning
with precious metal safe havens. Gold Price per ounce Silver price per ounce
Mid-Day trends today: April contract gold was red by 2.90 percent at a floor
price of 1645 per troy ounce at the halfway point. May contract silver posted a
floor price at 33.58 per troy ounce at this same point. Spot gold price per gram
and spot silver price per ounce Trends Mid-Day: As of the halfway point in the
trading session, spot gold per gram and spot silver per ounce were posting red.
Spot gold per gram price posted at 53.04 and spot silver per ounce posted at
32.65 as of mid-day today. Camillo Zucari
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