Friday, October 28, 2011

Sharp Gains for Gold Silver and Oil –Daily Recap October 27

Major commodities got a big bump yesterday after the news of EU leaders reaching
an agreement on the debt crisis resolution, and the news of the U.S. GDP growth
rate reaching 2.5% broke; these news items seem to have helped pull down the USD
and consequently raise the prices of commodities including gold, silver and
crude oil prices.

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