Wednesday, November 16, 2011

Gold and Silver Bounced Back with Light Gains –Recap November 15

Major commodities prices rallied yesterday after they had declined on Monday:
gold and silver prices moderately inclined; crude oil prices also changed
direction and rose; natural gas prices on the other hand continue to decline.
Many currencies including Euro, CAD and AUD continued to depreciate against the
US dollar. Here is a summary of the price movements of precious metals and
energy commodities for November 15th: Precious Metals Prices: Gold price
moderately rose yesterday by 0.21% and reached $1,782.20; Silver price also
slightly inclined by 1.27% to reach $34.46. During November, gold price rose by
3.3%, while silver price moderately increased by 0.30%.

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