Tuesday, November 22, 2011

Gold Silver and Oil Sharply Declined –Recap November 21

Gold and silver prices sharply fell on the first day of the week after they had
moderately inclined on Friday. Other commodities prices also declined yesterday:
Crude oil was traded down, and natural gas spot prices continued to free-fall
and sharply decreased yesterday. Many currencies including Australian dollar and
Canadian dollar sharply depreciated against the US dollar. Here is a summary of
the price movements of precious metals and energy commodities for November 21st:
Precious Metals Prices: Gold price sharply fell yesterday by 2.70% and reached
$1,678.60; Silver price also declined by 4.01% to reach $31.19. During November,
gold price fell by 2.7%, and silver price decreased by 9.22%.

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