Thursday, January 12, 2012

Gold and Silver Continued to Trade up –Recap January 11

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DG365FD46564GFH654FU898 Gold and silver prices continued to rise even though other commodities prices declined in yesterday’s trading: crude oil prices changed direction and moderately declined, and natural gas price took a dive and precipitately decreased. Major currencies such as Euro and Canadian dollar depreciated against the U.S dollar. Here is a summary of the price developments of precious metals and energy commodities for January 11th, 2012: Precious Metals Prices: Gold price moderately inclined on Wednesday by 0.50% to $1,639.60; Silver price also moderately rose by 0.25% to reach $29.89. During January, gold price inclined by 4.6%, and silver price by 7.08%.



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