Saturday, October 29, 2011

Gold & Silver Prices | Weekly Recap 24-28 October

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DG365FD46564GFH654FU898 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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