Thursday, December 1, 2011

Gold and Silver ended November Rising –Recap November 30

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DG365FD46564GFH654FU898 Major commodities ended November on a positive note as their prices inclined along with the rest of the major financial markets including the American and European stock markets; this rally came following the announcement that five prime Central banks including the Federal Reserve will lower the cost of their dollar funding to the struggling European banks. Gold and silver prices sharply rose. Crude oil price (WTI) also slightly inclined. Natural gas spot price (Henry Hub) ended the month rising as well and further shrinking the gap between the spot and future price.



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