Friday, October 21, 2011

Gold and Silver Prices Continued to Freefall –Daily Recap October 20

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DG365FD46564GFH654FU898 Gold and silver prices continued their descent and sharply declined yesterday; this was the fourth straight day in which gold price declined; crude oil prices traded yesterday with mixed trend as WTI oil price fell and Brent oil slightly rose; natural gas prices changed direction and moderately inclined. Here is a summary of the price movements of precious metals and energy commodities for October 20th: Precious Metals prices: Gold price sharply decreased by 2.07% and reached $1,612; Silver price also fell by 3.18% to reach $30.28. During October, gold price declined by 0.6% and silver price increased by 0.7%.



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