Friday, October 14, 2011

Commodities Changed Direction and Fell –Daily Recap October 13

Gold and silver prices changed direction and much like other commodities prices,
they have closed yesterdays trading day falling. Crude oil prices also slightly
declined; natural gas spot prices sharply fell, while the future price (short
term) slightly increased. Here is a summary of the price movements of precious
metals and energy commodities for October 13th: Precious Metals prices: Gold
price shed 0.84% of its value to reach $1,668; Silver price, also declined by
3.42% to reach $31.67. During October, gold price inclined by 2.8% and silver
price increased by 5.3%.

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