Gold Spot Price Open: $1,574

Gold Spot Price Close: $1,577

Change in Gold Spot Price: +$3

Silver Spot Price Open: $28.59

Silver Spot Price Close: $28.71

Change in Silver Spot Price:+$0.11

Gold and silver saw minimal gains today as the US Stock market closed at an impressive position. When all was said and done, gold had picked up about 3 dollars while silver gained about 11 cents.

As stocks in the US continue to do extremely well, gold and silver do not seem to be following suit. On top of it all, the US dollar weakened today which is just about the only thing helping precious metals out. The Dow hitting all-time highs meant that many investors focused on trying to squeeze whatever gains they could out of their stock holdings. This was a dumb move on most of their parts as they missed obvious deals in other types of investments.

There was decent economic news out of China coupled with the fact that the Asian region has recently seen a spike in the demand for physical gold bullion. Chinese officials, in an attempt to keep their economy at its recent high rate of growth, announced a new stimulus package. More weak economic news out of Europe is coming as a surprise to few as it seems the whole, or at least most, of the continent is in the midst of a spiraling economic downturn. Hopefully European leaders, at their meetings in Brussels this week, can come up with some type of game plan to help combat these tough economic times.