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DG365FD46564GFH654FU898 Gold and silver prices started the week with moderate gains along with the sharp gains recorded in other major commodities prices such as crude oil prices. Currently gold and silver prices are traded slightly up. Today, U.S Consumer Confidence report will be published; Canada’s Core Retails Sales report; and Canada’s Overnight Rate will be announced. Here is a market outlook of precious metals prices for today, October 25th: Gold and Silver Prices – October Update Gold price inclined on Monday by0.99% to $1,652.3; silver price also rose by 1.45% to $31.64. The chart below shows the changes in gold and silver prices during the month (normalized gold and silver prices (September 30th 2011=100)). During October, gold price rose by 1.8% and silver prices by 5.2%. The ratio between gold and silver prices slightly declined on Monday, October 24th to 52.22. During October, silver price inclined by a slightly larger rate than gold price as the ratio fell by 3.2%. On Today’s Agenda: U.S Consumer Confidence: in the previous report, the consumer confidence index remained nearly unchanged in September compared with August’s index . The current expectations are that this index may continue to drop in the October report; Core
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