Tuesday, October 18, 2011

Oil Prices Bounced Back | Gold Price Fell –Daily Recap October 18

Gold price continued to slide and sharply declined for the second straight
business day; silver price remained virtually unchanged; crude oil prices
bounced back and inclined; natural gas prices on the other hand changed
direction and sharply fell. Here is a summary of the price movements of precious
metals and energy commodities for October 18th: Precious Metals prices: Gold
price decreased by 1.42% and reached $1,652; Silver price, on the other hand
remained nearly unchanged with a 0.03% increase to reach $31.83. During October,
gold price inclined by 1.9% and silver price increased by 5.8%.

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