The U.S. dollar continued to strengthen during the second trading session of this week. The dollar climbed higher versus the euro and the Japanese yen last session and this action pressured precious metal commodity positioning.
Spot gold and spot silver prices were mixed to open the trading session and as the day progressed, both trend-lines fell into the red. Precious metal gold and silver contracts were posting red at the mid-day mark last session and the negative trend-line movement for gold contract prices continued through the end of day close. Gold and silver prices finished the day mixed.
Gold contract price and Silver contract price close review today:
April contract gold closed the last trading session in the red by .33 percent at 1694.20 per troy ounce. Silver contract for May delivery finished the last session higher by .50 percent at 33.58 per troy ounce.
Spot gold per gram and spot silver per ounce price trend review today:
After last session close and prior to today’s opening bell, spot gold price trends and spot silver price trends were posting in the red. Spot gold price per gram was at 53.35 and spot silver price per ounce was posting lower at 32.90. Read More
