Gold and Silver Bounced Back on Tuesday –Recap January 10

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DG365FD46564GFH654FU898 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%.