Friday, January 27, 2012

Gold and Silver Continued Their Rally –Recap January 26

Gold and silver prices continued their rally and sharply rose again during
Thursdays trading; crude oil also traded up yesterday; natural gas future price
changed direction and fell while the spot price sharply increased yesterday. The
Euro and other currencies such as Australian dollar traded slightly up against
the U.S. dollar on Thursday. Here is a summary of the price developments of
precious metals and energy commodities for January 26th, 2012: Precious Metals
Prices: Gold price continued to rise; it ended Thursdays trading rising 1.58% to
$1,729.9; Silver price also rose by 1.88% to reach $33.74. During January, gold
increased by 10.4%, and silver by 20.88%.

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