Gold and silver prices eased down and even slightly inclined on the closing week
of September after they had endured one of their worst weeks (in regards to
their performance) a week earlier. On the closing week of September the bullion
market didnt make any substantial comeback, as gold and silver just held to
their low prices. The effect of the CME margin hike and the FOMC purchase plan
from two weeks back still seems to resonate in the precious metals market. The
recent talks among European policymakers to expand the bailout plan may have
helped the recovery of the US and European stock markets during most of the
week, and appreciating the Euro against the USD until the last day of the week.
These events, however seem to have had little effect on the bullion market
during the week.
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