Tuesday, August 23, 2011

Gold Price and Silver Price started off the week reaching new highs – August 22

The precious metals market continues to heat up with Gold Price and Silver Price
prices reaching new highs: Gold Price price is nearing the $1,900 mark, Silver
Price price passing the $43 mark; crude oil prices have changed direction with
Brent oil falling and WTI oil price rising; natural gas spot price (Henry Hub)
declined again. Here is a summary of the price movements of precious metals and
energy commodities for August 22nd: Precious Metals prices: Gold Price price
increased yesterday by 2.14% to $1,891; Silver Price price also inclined by
2.11% to $43.37. Silver Price reached the highest price level since May 2nd.
During August, Gold Price prices increased by 16%, and Silver Price price by
8.1%. The EURO to US Dollar exchange rate continues to change directions as it
declined yesterday by 0.27% the USD appreciated against the EURO. During August
the EURO to US Dollar slightly fell by 0.28% compared with its initial level at
the beginning of the month. Oil and Gas prices: WTI Spot oil price inclined very
sharply by 2.26% as it reacted to the gains in the stock markets yesterday; it
settled at $84.12 per barrel; during August the WTI spot oil price declined by
12.1%. Brent spot price on the

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