Saturday, March 24, 2012

Today’s Gold Price per ounce Spot gold price per gram Spot silver price per ounce; Gold Finishes Stronger with Positive Close

Gold Price And Silver Price Market News Trend Review Today: Gold Price and
Silver price trend-lines moved in a positive direction throughout the final
trading session of this week. Prior to Fridays session, gold and silver had been
pressured by weak economic growth estimates overseas and also by a strengthening
U.S. dollar. The number of investors positioning with precious metal safe havens
dropped lower as a result. Yesterday, the dollar fell lower versus the euro and
the British pound. This action helped support precious metal positioning during
the session and as a result, gold and silver prices finished the day in the
green. Contract Close Review for Gold Price per ounce and Silver Price per ounce
Today: April contract gold closed the day higher by 1.34 percent and posted a
floor price at 1662.40 per troy ounce. Silver contract finished the day higher
by 2.96 percent with a floor price at 32.27 per troy ounce. Spot gold price per
ounce and Spot silver price per ounce Trend Review Today: After the weeks worth
of trading sessions, spot gold price and spot silver prices were posting in the
green. Spot gold price per gram posted at 53.38 and spot silver price per ounce
posted at 32.11. Camillo Zucari

Gold & Silver Prices | Weekly Recap March 19-23

Gold and silver prices didnt do much during last week as they have shifted from
rise to fall on a daily basis. Their sharpest drop came on Tuesday when gold and
silver prices declined by 1.22% and 3.5% respectively. The news that China and
Europes manufacturing PMI will continue to contract. This news may be among the
factors to drag down gold and silver prices during the week. China is among the
leading countries in importing gold and silver. The protests in India regarding
the new tax on gold didnt help the yellow metals performance as well.

Gold Oil and Silver Sharply Rose on Friday –Recap March 23rd

Gold and silver prices ended the week the same way they have started this
undetermined week – rising. During the entire week they have shifted from
gains to losses without showing a clear trend. to shift from gains to losses and
moving with an unclear trend; Crude oil prices also bounced back on Friday;
natural gas future slightly rose while the spot price plummeted again yesterday.
The Euro slightly increased again against the U.S. dollar. Here is a summary of
the changes in precious metals and energy commodities for March 23rd, 2012:
Precious Metals: Gold price sharply rose by 1.21% to $1,662.4; Silver price also
increased by 2.96% and reached $32.27. During March, gold decreased by 2.86% and
silver by 6.84%. The Euro/USD rose yesterday by 0.52% to 1.3270; furthermore,
the U.S Dollar also depreciated against other exchange rates such as the Aussie
dollar. Oil and Gas: WTI price also bounced back by 1.44% to $106.47 per barrel;
Brent oil also increased by 1.68% to $125.86 per barrel; Due to these changes,
the difference between Brent and WTI oil prices expanded to $19.39/bbl. During
the month, WTI declined by 0.56% while Brent oil rose by 1.6%. The Henry Hub
future

Global Governments Play the Gold Game

It's worth taking a look at how the governments of Vietnam, India, and Turkey
have fared in managing their nations' gold activity.

Will Gas Price Per Gallon Drop? Oil Price per Barrel Tied Closely to Gas Pump Prices; Oil Price and Gas Price Move Higher

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dow2664 Oil and Gas Prices continue to Rise Higher and solutions are few: Oil prices rose again during the last trading session. Oil is on the rise and the average price for a gallon of gasoline continues to climb the ladder as well. The American public grows more anxious every time the pump prices move higher, which is almost daily, and economists worry that the economic recovery process in the U.S. will be sabotaged by the higher prices for oil and gasoline. Contract close review for Oil price per barrel today: Light crude oil finished the last session higher by 1.44 percent at 106.87 per barrel. Heating Oil closed the session higher by 1 percent at 3.22 per gallon. Unleaded Gas closed the last session of the week higher by 1.3 percent at 3.37 per gallon. Some suggest that we need to drill more to pull more of our own natural resources from our U.S. lands. There are obviously a fair share of people against drilling more, primarily for environmental reasons. Many despise the idea of fracking to pull out the deposits. The argument against fracking pertains to water table contamination. Regardless of where you fall on this argument, the price of gas is closely tied to the price of oil. Since we depend on outside oil, prices at the pump will continue to be pushed by outside influences. Camillo Zucari



Acquiring 750 Patents from IBM Could Do Wonders for Facebook’s Patent Portfolio

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tdp2664 InvestorPlace Facebook bought 750 patents from IBM, reports say, boosting its relatively small patent portfolio and enabling it to better defend itself against claims.



Randgold Resources Downgraded by JPMorgan to “Underweight” (GOLD)

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gol2664 Negocioenlinea Randgold Resources Downgraded by JPMorgan to "Underweight" (GOLD) Junction Report – 5 minutes ago Randgold Resources (NASDAQ: GOLD) was downgraded by JPMorgan Chase & Co. (NYSE: JPM) from a "neutral" rating to an "underweight" rating in a research note issued on Thursday.



Randgold Resources Downgraded by JPMorgan to “Underweight” (GOLD)

Randgold Resources Downgraded by JPMorgan to "Underweight" (GOLD) Junction
Report - 5 minutes ago Randgold Resources (NASDAQ: GOLD) was downgraded by
JPMorgan Chase & Co. (NYSE: JPM) from a "neutral" rating to an
"underweight" rating in a research note issued on Thursday.

Randgold monitoring events in Mali

Randgold monitoring events in Mali Energy Digital (press release) - 17 hours
ago RANDGOLD RESOURCES LIMITED Incorporated in Jersey, Channel Islands Reg. No.
62686 LSE Trading Symbol: RRS Nasdaq Trading Symbol: GOLD Loulo, Mali, 22 March
2012 - Randgold Resources said today it was keeping a close watch on
developments in Mali, ...

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