Gold and Silver Bounded Back on Tuesday –Recap December 20

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DG365FD46564GFH654FU898 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%.