Saturday, October 15, 2011

Gold & Silver Prices | Weekly Recap 10-14 October

Gold and silver prices continue to seek direction and zigzagged throughout most
of the week; eventually gold and silver prices slightly inclined on a weekly
scales. The U.S. retails sales report that showed a rise in September may have
helped the US stock markets rally along with major commodities prices. The
minutes of the last FOMC meeting was published last week and showed the FOMC
members grim outlook of the US economy, but also the possibility of an
additional stimulus plan in the near future.

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