Saturday, January 7, 2012

Gold and Silver Ended the Week Falling –Recap January 6

Gold and silver prices changed direction and ended up moderately falling on the
last day of the week; WTI crude oil price also slipped yesterday; on the other
hand natural gas future price rallied on Friday. Major currencies such as Euro
and Australian dollar continued to depreciate against the U.S dollar. Here is a
summary of the price developments of precious metals and energy commodities for
January 6th, 2012: Precious Metals Prices: Gold price slightly declined on
Friday by 0.20% to $1,616.80; Silver price also fell by 2.09% to reach $28.68.
During January, gold price inclined by 3.2%, and silver price by 2.75%.

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