Gold Price and Silver Price Market News Today: The price of spot gold per gram
and spot silver per ounce dropped lower earlier this morning before opening bell
in the U.S. These trends posted this morning while investors were still
processing the upward trends gold and silver contract posted on opening session
this week. Gold price has been pressured for the better part of the last several
weeks though. The stronger dollar trends observed during this time reduced the
precious metals safe haven appeal in the marketplace. Gold price change is
currently negative by approximately 6.3 percent according to one month change
analysis and silver price change is negative by about 4 percent according to one
month change analysis. Today, as the trading session reached the halfway mark,
gold and silver contract prices were posting in the red. Gold and silver price
trends were pressured once again by the stronger dollar and weaker euro. Also,
investors are worried today that Chinas economic growth estimates are dropping
lower. These variables negatively affected gold price trends today. Todays
Mid-day contract gold and silver floor prices: April contract gold was posting
red by 1.05 percent with a floor price of 1649.80 per troy ounce at mid-day.
Silver contract for May delivery was posting at 32.96 per troy ounce at this
point in the session. Todays Mid-day Spot gold per gram and spot silver per
ounce Price trends: Both spot gold price and spot silver price trends were
negative at the mid-day mark today. Spot gold price per gram was lower at 53.20
and spot silver price per ounce was lower at 32.26. Camillo Zucari
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