Gold and silver prices slightly increased during yesterdays trading, even though
other commodities prices such as crude oil prices changed direction and
declined; natural gas prices continued their downward trend and declined on
Wednesday; the Euro and other currencies such as AUD appreciated against the
U.S. dollar on Wednesday. Here is a summary of the price developments of
precious metals and energy commodities for January 18th, 2012: Precious Metals
Prices: Gold price slightly increased on Wednesday by 0.26% to $1,659.90; Silver
price also increased by 1.35% to reach $30.54. During January, gold price
increased by 5.9%, and silver price by 9.41%.
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