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DG365FD46564GFH654FU898 Gold and silver prices changed direction throughout the week with no clear direction. The sharp appreciation of the US dollar against major currencies including the Euro throughout most of the week affected gold and silver prices to trade down, while the decline of the US stock markets may have affected gold and silver prices to remain high. The ECB rate decision and the revised down Euro Area economic outlook of the ECB didn’t help much in easing the concerns of traders and only further weakened the Euro. By the end of the week gold and silver prices didn’t change much form their initial price level at the beginning of the week. Here is a short review of the changes in gold and silver prices during the week of September 6th to September 9th 2011:
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