More traders looked to diversify with precious metals gold and silver as the last week of trading came to a close. The primary stock indices closed on positive ground, and so did contract floor prices for gold and silver.
August contract gold finished the last full trading session up by 1.7 percent at $1,592.00 per troy ounce. Precious metal gold price change over the course of the last five full trading sessions was positive by .8 percent overall. Silver contract for September delivery finished the last trading session higher by .8 percent to close with a floor price of $27.37 per troy ounce. Silver price change over the course of the last five trading sessions was positive by 1.7 percent. Precious metal prices could benefit further this week as talks of economic slowdown persist and rumors heat up again that the Feds might now consider additional economic stimulus measures in the U.S. Right now, both gold and silver price trend change over the course of the last month is negative. One month price change for gold is negative by 1.92 percent and one month price change for silver is currently negative by approximately 4.63 percent.
Source:http://www.learningandfinance.com/2012/07/16/todays-gold-price-per-ounce-spot-gold-price-per-gram-silver-price-per-ounce-live-trend-review-july-16-2012/
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