Gold Continued to Trade Down | Silver Rallied –Recap December 29

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DG365FD46564GFH654FU898 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%.