Tuesday, November 29, 2011

Gold & Silver Prices – Daily Outlook November 29

Gold and silver prices started the week with sharp rises, after they had
declined on Friday. Major commodities prices such as crude oil prices also
rallied yesterday. The news of Fitchs negative outlook on U.S. might influence
trades during the day. The Italians plan another debt auction that will start
today. This might affect forex and commodities traders especially if the auction
wont go well. Today the U.S consumer confidence report will be published.
Currently, gold and silver are traded slightly down.

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