Gold and silver prices started off the week, much like the previous week, with
very moderate changes; as the week progressed, the speculation around the recent
news from Fitch, the rating agency, that leading U.S. banks are exposed to
European debt and may be negatively affected by it, may have been among the
factors to stir up the commodities markets on Thursday resulting in gold and
silver prices sharply falling on that day. The slower paced growth rate of the
Philly Fed Index may have also affected traders to trade down commodities and
stocks. On Friday, gold and silver prices made correction and moderately
inclined. During the week both metals prices declined: gold prices slow paced
growth during November was nullified during this week. Here is a short review of
the changes in gold and silver prices during the week of November 14th to
November 18th 2011:
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