Major commodities prices changed direction and rallied yesterday: Gold and
silver prices sharply inclined; Crude oil prices also sharply rose; even natural
gas (Henry Hub) prices changed direction and rallied yesterday. Major currencies
such as the Euro and Australian dollar also shifted and appreciated against the
U.S dollar. Here is a summary of the price developments of precious metals and
energy commodities for December 20th: Precious Metals Prices: Gold price sharply
increased on Tuesday by 1.31% and reached $1,617.60; Silver price also increased
by 2.29% to reach $29.54. During December, gold price declined by 7.6%, and
silver price by 9.96%.
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