Safe haven appeal of gold flourished in this environment. Gold price per ounce rates moved higher and at one point during the last trading session, gold price per ounce rates reached as high as 1535.70 per troy ounce. Gold’s safe haven appeal grew during the session and gold contract ended the last session in the green. Spot gold and spot silver prices were also trending in positive territory just after close of the last session. During the interval between last session close and prior to today’s opening bell, spot gold and spot silver prices continued to move in a positive direction. Spot gold price per gram was green by .07 at 49.06 and spot gold price per kilo was green by 68.16 at 49059.47. Spot silver price per kilo was higher by 3.73 at 1142.19 and spot silver price per ounce was green by .12 at 35.53. Spot gold and spot silver prices were still green but trend lines indicate that the values are coming down from their daily highs.

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