Gold, Silver Prices today may 19 2011 Daily Review

Gold, Silver Prices today may 19 2011 Daily Review : The gold price fell $8.00 to $1,488 per ounce after briefly trading at $1,500 per ounce early Thursday morning. While the price of gold declined, silver held above $35.00, trading at $35.22 per ounce – 4.8% higher than Monday’s closing price. Precious metals have been in consolidation mode after steep losses early this month. The rally in the U.S. dollar has slowed, helping to stabilize gold and silver prices.

Gold, silver, Platinum and Copper contracts all ended with floor price values that were green. June contract gold finished the last session higher by 15.80 at 1495.80 per troy ounce.

July contract silver finished the session higher by 1.606 at 35.10 a troy ounce. July contract Platinum finished the session higher by 18.90 at 1779.90 per troy ounce and July contract Copper finished the session higher by .106 at 4.10 a pound. Spot gold and spot silver price per gram, ounce and kilo rates were trending in the green at close as well yesterday.

Later, during the interval between last session close in the U.S. and today’s session open, spot gold and spot silver were still trending green. Specifically, spot gold per kilo was higher by 591.57 at 48168.25. Spot silver price per kilo was higher by 67.23 at 1143.89. Spot gold per gram price was trending higher by .59 at 48.17 and spot silver price per ounce was green by 2.09 at 35.58. Precious metals gold and silver continued to move in a positive direction. 24 Karat gold per gram price was trending higher at this point as well. 24 Karat gold was posting green by .40 at 52.89 an ounce. For the latest updates PRESS CTR + D or visit Stock Market news Today

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