Posted on | June 16, 2012 | No Comments
Market Gold price per ounce and Silver price per ounce review news today June 16, 2012:
The dollar fell lower to the Japanese yen and the British pound and gold price moved higher again. Investors continued to position with the safe havens as talks continue regarding additional economic stimulus.
Potential injection of additional greenbacks will drag on the dollar’s value and increase the diversification appeal of the precious yellow metal. Both precious metals gold and silver finished the last trading session in positive territory for the day.
Gold contract close review and Silver contract close review today:
August contract gold finished the last trading session higher by .52 percent at a posted floor price of 1,628.10 per troy ounce. July contract silver closed the last trading session higher by 1.17 percent at 28.74 per troy ounce.
Spot gold price per gram and spot silver price per ounce trend review today:
Spot gold price and spot silver price trends tracked higher during the last session. After last session close, spot gold price posted at 52.28 per gram and spot silver price posted at 28.68 per ounce.