Crude oil prices recovered from the sharp decline they had experienced on
Wednesday and slightly rose yesterday. Gold price continued to decline while
silver price moderately rose. Major currencies such as Euro and AUD changed
direction and slightly appreciated against the U.S dollar, while the GBP
depreciated against the U.S. dollar. Here is a summary of the price developments
of precious metals and energy commodities for December 29th: Precious Metals
Prices: Gold price declined on Thursday by 1.48% and reached $1,540.90; Silver
price on the other hand slightly increased by 0.30% to reach $27.32. During
December, gold price declined by 12%, and silver price by 16.73%.
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