Tuesday, January 10, 2012

Gold and Crude Oil Started the Week Falling –Recap January 9

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DG365FD46564GFH654FU898 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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