Gold price continued to rally and rose for the second consecutive day while
silver prices changed direction and moderately declined; crude oil continued to
trade up, while natural gas spot price declined. Major currencies such as Euro
and Australian dollar changed direction and depreciated against the U.S dollar.
Here is a summary of the price developments of precious metals and energy
commodities for January 4th, 2012: Precious Metals Prices: Gold price rose on
Wednesday by 0.76% to $1,612.70; Silver price on the other hand decreased by
1.61% to reach $29.10. During January, gold price inclined by 2.9%, and silver
price by 4.23%.
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