Gold and silver prices recorded a huge comeback during last week after they had
slipped a week earlier. The EU debt crisis was the center of attention during
last week as there were two EU summits and in the second one the EU countries
reached and agreement. This agreement among EU leaders to deal with the debt
crisis eased the concerns of many traders and helped push forex, commodities and
stocks markets up. The news of the U.S. GDP grew by 2.5% during the third
quarter of 2011 may have also helped push commodities prices up including gold
and silver prices.
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