Wednesday, October 12, 2011

Gold and Silver Renewed Their Rally –Daily Recap October 12

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DG365FD46564GFH654FU898 Gold and silver prices renewed their rally as they have inclined yesterday; crude oil prices moderately moved yesterday with no clear direction; natural gas prices also demonstrated a mixed trend with the future price (short term) sharply fell, while the spot price slightly increased. Here is a summary of the price movements of precious metals and energy commodities for October 12th: Precious Metals prices: Gold price sharply inclined yesterday by 1.30% to $1,682; Silver price, also added 2.47% to its value to reach $32.79. During October, gold price inclined by 3.7% and silver price increased by 9.0%.



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