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Precious metal Market Price trends review today July 2012:
Gold and silver price trends opened the week tracking negatively and closed the first session with negative floor prices. Current one month price change analysis reveals that price trend-line change for both precious metals is at about break-even at this point in time.
Gold price trend-line is currently positive by approximately .03 percent according to one month change analysis. Silver price trend-line change is negative by approximately .04 percent according to current one month change analysis. Both metal prices moved higher during the last trading session as the dollar dropped lower versus the euro. The weaker dollar supported precious metal diversification throughout the last session. As the trading session came to a close, the price of gold contract and silver contract ended up on the positive side of break-even.
Today’s Gold price per ounce and Silver price per ounce contract review today July 4, 2012:August contract gold finished the last trading session higher by 1.50 percent at 1,621.80 per troy ounce. Silver contract finished the last trading session higher by 2.84 percent at a floor price of 28.28 per troy ounce.
Today’s Spot gold price per gram and spot silver price per ounce review July 4, 2012:
After last session close, spot gold price and spot silver price trends moved positively. Spot gold per gram price posted higher at 51.96 and spot silver price per ounce posted higher at 28.09.
Camillo Zucari
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