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DG365FD46564GFH654FU898 Gold and silver prices sharply inclined yesterday along with the rest of the markets. The ECB decided to keep interest rates unchanged. Currently, gold and silver prices are traded with moderate changes. Today, the U.S. Unemployment Rate & Non-farm Employment Report will be published and the Canada Employment Report. Here is a market outlook of precious metals prices for today, October 7th: Gold and Silver Prices – October Gold price sharply inclined on Thursday by 1.54% to $1,653.2; silver price also sharply increased by 6.33% to $32.01. The chart below shows the development of gold and silver prices in recent weeks (normalized gold and silver prices (September 16th 2011=100)). During October gold price inclined by 1.9%, and silver prices by 6.4%. The ratio between gold and silver prices sharply tumbled on Thursday, October 6th to 51.65. During October, silver price inclined by a larger rate than gold price as the ratio decreased by 4.2%.
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