Wednesday, January 11, 2012

Gold and Silver Bounced Back on Tuesday –Recap January 10

Gold and silver prices bounced back and sharply inclined yesterday after gold
price had started the week with a moderate fall; crude oil prices also rallied
and slightly inclined; natural gas continued to trade up on Tuesday. Major
currencies such as Euro and Australian dollar appreciated against the U.S
dollar. Here is a summary of the price developments of precious metals and
energy commodities for January 10th, 2012: Precious Metals Prices: Gold price
sharply inclined on Tuesday by 1.46% to $1,631.50; Silver price also sharply
rose by 3.59% to reach $29.82. During January, gold price inclined by 4.1%, and
silver price by 6.81%.

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