Wednesday, November 9, 2011

Major Commodities Changed Direction and Fell –Recap November 9

Major commodities prices shifted direction and after they had risen on Tuesday,
they declined on Wednesday: gold and silver prices declined by a moderate rate,
crude oil prices also moderately declined. Natural gas spot prices on the other
hand kept on rising. Here is a summary of the price movements of precious metals
and energy commodities for November 9th: Precious Metals Prices: Gold price
declined yesterday by 0.42% and reached $1,791.60; Silver price also fell by
2.25% to reach $34.36. During November, gold price rose by 3.8% and silver price
increased by 0.02%.

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