Saturday, January 28, 2012

Gold and Silver End the Week Rising –Recap January 27

Gold and silver prices ended the week with light gains; WTI oil price slipped
while Brent oil moderately rose; natural gas future price bounced back from
Thursdays falls and sharply rose on Friday, while the spot price sharply
decreased yesterday. The Euro and other currencies such as Australian dollar
traded sharply up against the U.S. dollar during Fridays trading. Here is a
summary of the price developments of precious metals and energy commodities for
January 27th, 2012: Precious Metals Prices: Gold price slightly increased on
Friday by 0.32% to $1,735.4; Silver price also added 0.14% to $33.79. During
January, gold increased by 10.8%, and silver by 21.05%.

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