Posted on | February 2, 2014 | 4 Comments
Today’s Gold price per ounce and silver price per ounce contract trends and market session news review today February 2, 2014:
January was one of the worst months in years for the primary stock composites in the U.S. All three primary stock composites posted losses for the month which helped to spur interest in precious metal diversification. Safe haven appeal rose higher as stock composites fell lower. The Dow Jones Industrial Average fell back last month by over 5 percent which represented the worst January for the index since 2009. The weaker stock trends in January pushed precious metal gold prices as investors moved to diversify portfolios. At this time, gold contract price change over the last several weeks is positive. One month price change for gold is positive by approximately 1.6 percent. Despite the attention over the last month, gold and silver contracts closed the last full trading session in the red.
Gold price and silver price contract close review today February 2, 2014:
March contract silver price fell back by .03 percent to close the last full trading session lower at 19.12 per troy ounce. April contract gold price fell back by .22 percent to close at 1,2239.80 per troy ounce last session.
Spot gold per gram and spot silver per ounce price review today February 2, 2014:
Spot gold per gram price recently posted at 40.00 and spot silver per ounce price posted at 19.15.