Friday, January 20, 2012

Gold Silver and Oil Changed Direction and Slipped–Recap January 19

Gold and silver prices changed direction and slightly fell during yesterdays
trading; other commodities prices such as crude oil prices also declined;
natural gas prices continued their freefall on Thursday; the Euro and other
currencies such as CAD appreciated against the U.S. dollar on Thursday. Here is
a summary of the price developments of precious metals and energy commodities
for January 19th, 2012: Precious Metals Prices: Gold price slightly decreased on
Thursday by 0.33% to $1,654.50; Silver price also moderately decreased by 0.11%
to reach $30.51. During January, gold price increased by 5.6%, and silver price
by 9.29%.

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