Gold Rates, Gold Ounce Price Today 08/10/10. Gold Investment August 10 2010

The current price of the Ounce of Gold Precious Metals Investment

The price of an ounce of gold in Europe showed negative figures to drop slightly as traders await the outcome of monetary meeting of U.S. Federal Reserve to begin this afternoon European time.

The current price of an ounce of spot gold was trading at $ 1,194 compared to the price of $ 1,200 the previous day in New York.

Today is meeting the Federal Open Market Committee to reach an agreement and decide on interest rates and monetary policy, according to the current U.S. economic recovery is suffering a slight slowdown resulting in fears of a relapse recession.

On the other hand, the ounce of silver was quoted at the beginning of the day at $ 18.12 per ounce silver price

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