As of mid-day trading today, the Dow Jones, Nasdaq and the S&P 500 were trending green. Positive reports in the U.S. are revealing signs of economic growth and general movement towards economic recovery. Through the first half of the day today, the dollar started to rebound and gained strength, but the second half of the trading day shows the dollar’s struggles.
Precious metals continued their forward movement today. At mid-day, precious metals were showing a positive trend across the board. Gold price per ounce was ahead .68%. Silver price per ounce was higher by .64% and copper price per ounce was in the green by .65%. Approaching end of day close for the U.S. trading session for December 2nd, 2010, posts reveal that the dollar fell against the euro and the Japanese yen , but rose against the British pound. Floor price for Gold for February delivery was up $1.00 at $1,389.30 an ounce. Silver was up $0.16 to $28.57 an ounce for March and copper floor price per ounce was up to $3.98. 24 hour spot gold is at $1,386.80. Read More ..
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