Tuesday, October 18, 2011

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

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DG365FD46564GFH654FU898 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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