Saturday, November 19, 2011

Gold and Silver Bounced Back on Friday –Recap November 18

Gold and silver prices bounced back on Friday after they had sharply declined a
day earlier; Brent oil price also followed and slightly rose, while WTI oil
price continued to decline; natural gas prices also kept their downward trend
yesterday. Many currencies including Euro and Canadian dollar also rallied and
slightly appreciated against the US dollar. Here is a summary of the price
movements of precious metals and energy commodities for November 18th: Precious
Metals Prices: Gold price slightly rose yesterday by 0.28% and reached
$1,725.10; Silver price also rallied by 2.91% to reach $32.49. During November,
gold price didnt change, and silver price decreased by 5.43%.

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