Gold and Silver End the Week Rising –Recap January 27

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DG365FD46564GFH654FU898 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 Thursday’s 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 Friday’s 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%.