Closing floor prices for precious metals gold and silver finished the last full trading session on opposite sides of break-even. Silver contract for September delivery closed lower by .74 percent at 28.00 per troy ounce. Gold contract for December delivery closed at about break-even up by just .01 percent at 1,619.40 per troy ounce. Gold price trend-line tracked lower over the course of the last five trading sessions by approximately .2 percent. Silver price trend-line tracked negatively by approximately .7 percent during the last whole week. Better than expected economic reports helped boost market confidence and diminished safe haven appeal. When viewed from a broader perspective though, gold and silver prices have tracked higher month to month. Respectively, gold and silver price trend-lines are positive during this time frame by approximately .5 and .3 percent.
Spot gold price and spot silver price trend review today August 20, 2012:
After last session close and prior to today’s opening bell, price trends for spot gold and spot silver were tracking higher. Spot gold price was higher at 52.03 per gram. Spot silver was up at 28.14 per ounce.
Source:http://www.learningandfinance.com/2012/08/20/todays-gold-price-per-ounce-spot-gold-price-per-gram-silver-price-per-ounce-market-price-review-august-20-2012/
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