Tuesday, December 20, 2011

Gold and Silver Slightly Declined on Monday –Recap December 19

Major commodities prices started the week with moderate changes after the sharp
declines precious metals and energy commodities prices had had during last week:
Gold and silver prices slightly declined; Crude oil prices moderately rose;
natural gas (Henry Hub) prices continued to decline. Major currencies such as
the Euro and AUD depreciated against the US dollar. Here is a summary of the
price developments of precious metals and energy commodities for December 19th:
Precious Metals Prices: Gold price slightly declined on Monday by 0.08% and
reached $1,596.70; Silver price also decreased by 2.69% to reach $28.87. During
December, gold price declined by 8.8%, and silver price by 11.98%.

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