Gold and Silver Continued Their Rally –Recap January 26

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DG365FD46564GFH654FU898 Gold and silver prices continued their rally and sharply rose again during Thursday’s 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 Thursday’s 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%.