Friday, January 20, 2012

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

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DG365FD46564GFH654FU898 Gold and silver prices changed direction and slightly fell during yesterday’s 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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