Gold price continued its downward trend from Friday and declined on the first
day of the week, while silver priced moderately inclined; crude oil prices also
slipped yesterday; on the other hand natural gas spot price rallied on Monday.
Major currencies such as Euro and Australian dollar changed direction and
moderately appreciated against the U.S dollar. Here is a summary of the price
developments of precious metals and energy commodities for January 9th, 2012:
Precious Metals Prices: Gold price moderately declined on Monday by 0.54% to
$1,608.10; Silver price on the other hand rose by 0.35% to reach $28.78. During
January, gold price inclined by 2.6%, and silver price by 3.11%.
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