Gold trends and silver trends Market Analysis: It has been an up and down week
for gold and silver price trend-lines. Gold price per ounce trends moved lower
during the initial half of the week and then experienced more positive trends in
the latter half of the week. This morning, prior to opening bell today, spot
gold price per gram and spot silver price per ounce trends were tracking
positively. The final session today should determine if price trends end
positive or negative for the week for precious metals gold and silver. Creditors
have agreed to a financial restructuring plan for Greeces debt and this action
has helped to support the euro. The stronger euro can associate with precious
metal price increases. Gold and silver prices were posting green at the halfway
point today. Gold price per ounce and silver price per ounce as of Mid-Day
analysis: April contract gold contract was green by .58 percent at 1708.50
according to electronic price post at mid-day. May contract silver was green by
.87 percent at an electronic price of 34.12 per troy ounce at the mid-day mark
today. Spot gold per gram and spot silver per ounce Mid-Day trends: Spot gold
price per gram and spot silver price per ounce trends were positive at the
halfway point. Spot gold price posted at 54.90 and spot silver price at 34.08.
Camillo Zucari
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