Sunday, February 26, 2012

Todays Gold price per ounce spot gold price per gram silver price per ounce; Gold rates silver rates News Today

Gold price Silver price contract Close review today: Price trend-lines for
precious metal gold and silver contract closed the last trading session on the
negative side of break-even. The dollar dropped lower to other global currencies
last session but gold and silver still finished the last session on the negative
side of break-even. A batch of positive economic reports have been accumulating
in the U.S. and the eurozone debt resolution progress has also reduced overall
safe haven appeal for precious metal gold and silver. On the last trading
session of the last trading week, April contract gold closed lower by .45
percent at 1776.40 per troy ounce. Silver contract finished the last session
lower by .61 percent at 35.34 per troy ounce. Although both gold and silver
price trends moved lower during the last session, price trend change is positive
over the course of the last several weeks. Price trend-line for gold is
currently posting positive by approximately 3.9 percent according to one month
change analysis. Silver price trend-line is positive by approximately 7.2
percent according to one month change analysis at this point in time. In
addition to this positively skewed data report, gold and silver price trends are
also positive according to year to date change. Gold price trend-line is
currently positive by approximately 13.3 percent according to year to date
change and silver price trend-line is positive to an even greater degree as it
is sloped positively by approximately 27 percent according to year to date
change analysis. Spot gold per gram and spot silver per ounce price trend-line
review today: After last session close, both spot gold per gram and spot silver
per ounce were posting in the red. Spot gold per gram was lower by .45 at 56.98
and spot silver per ounce was red by .20 at 35.35. Camillo Zucari

Gold and Silver Ended the Week Falling –Recap February 24

Crude oil continued to trade up on Friday; on the other hand gold and silver
prices changed direction and slightly declined; natural gas prices also sharply
fell yesterday. The Euro appreciated again against the US Dollar while many
other major currencies (Aussie dollar) fell against the U.S dollar. Here is a
summary of the developments of precious metals and energy commodities for
February 24th, 2012: Precious Metals: Gold price slightly decreased on Friday by
0.55% to $1,776.4; Silver price also slipped by 0.61% and reached $35.42. During
February, gold increased by 2.1% and silver by 6.49%.

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