Friday, November 18, 2011

Gold and Silver Sharply Fell Yesterday –Recap November 17

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DG365FD46564GFH654FU898 Major commodities prices changed direction and sharply fell yesterday along with the rest of the markets including American stock markets: gold and silver prices sharply declined; crude oil prices also followed and plummeted; natural gas future prices changed direction and rose yesterday. Many currencies including Euro and AUD only slightly depreciated against the US dollar. Here is a summary of the price movements of precious metals and energy commodities for November 17th: Precious Metals Prices: Gold price sharply fell yesterday by 3.05% and reached $1,720.20; Silver price also took a dive and declined by 6.87% to reach $31.50. During November, gold price declined by 0.3%, and silver price decreased by 8.32%.



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