Gold Prices Per Ounce 3/15/2011

Gold and silver contract cost per ounce rates moved higher during the last trading session in the United States. April contract gold finished the day higher by $9.30 at $1421.80 an ounce and May contract Silver ended the session higher by .87 at $35.94 an ounce. Gold and silver contract cost per ounce rates moved greater throughout the last trading session inside the United States. April contract gold finished the day greater by $9.30 at $1421.80 an ounce and May contract Silver ended the session higher by .87 at $35.94 an ounce. Market news on Monday will fluctuate between political protests inside the Middle East, specially Saudi Arabia, and also the continued developments concerning the earthquake in Japan. Although stocks finished greater on Friday, index trends may expertise a correction on Monday and this could possibly be beneficial for precious metals gold and silver. Investors are becoming increasingly cautious in the current world market environment and safe haven appeal is growing. Precious metal gold and silver cost per ounce is expected to move forward as investors not just improve the method of diversification but also enhance acquisitions of safe haven assets like gold. Present spot gold and spot silver prices are trending inside the green. Spot silver per ounce is higher by .68 at 35.75. Spot silver per kilo is higher by 21.96 at 1149.24. Spot gold per gram is higher by .36 at 45.76 and spot gold per kilo is higher by 355.27 at 45758.55. Investors will watch these days to see if the crisis in Japan along with other political turmoil inside the world enhance buying of the precious metals.