Gold and silver prices continued their upward trend and moderately inclined in
Thursdays trading; on the other hand, major energy commodities were traded down:
crude oil prices declined, and natural gas price continued to sharply decrease.
Major currencies such as Euro and Australian dollar appreciated against the U.S
dollar. The recent ECB rate decision may have helped keep the Euro strong
against the U.S. dollar. Here is a summary of the price developments of precious
metals and energy commodities for January 12th, 2012: Precious Metals Prices:
Gold price rose again on Thursday by 0.49% to $1,647.70; Silver price also
moderately inclined by 0.78% to reach $30.12. During January, gold price
inclined by 5.2%, and silver price by 7.91%.
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