Thursday, December 22, 2011

Gold and Silver Declined while WTI Oil Rose –Recap December 22

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DG365FD46564GFH654FU898 Gold and silver prices slightly declined for the second straight day; WTI oil price continued to rally, while Brent oil price moderately declined; natural gas (Henry Hub) spot price changed direction and rose yesterday. Major currencies were traded slightly up against the US dollar including the Euro and the Australian dollar. Here is a summary of the price developments of precious metals and energy commodities for December 22nd: Precious Metals Prices: Gold price slightly slipped on Thursday by 0.19% and reached $1,610.60; Silver price also decreased by 0.69% to reach $29.05. During December, gold price declined by 8%, and silver price by 11.45%.



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