Wednesday, December 28, 2011

Energy Prices Inclined | Bullion further Slipped –Recap December 27

Major energy commodities prices started the last week of 2011 with sharp gains
as crude oil and natural gas prices inclined. On the other hand, gold and silver
prices continued to decline. Major currencies such as Euro and AUD slightly
appreciated against the U.S dollar. Here is a summary of the price developments
of precious metals and energy commodities for December 27th: Precious Metals
Prices: Gold price slightly slipped on Tuesday by 0.65% and reached $1,595.50;
Silver price also decreased by 1.18% to reach $28.74. During December, gold
price declined by 8.8%, and silver price by 12.39%.

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