Tuesday, January 10, 2012

Gold & Silver Prices – Daily Outlook January 10

Gold and silver prices started the second week of 2012 with light changes as
gold price moderately declined and silver price slightly rose. Currently, gold
and silver are traded up. According to a recent Federal Reserve report, consumer
credit is on the rise; this news might indicate that U.S. households are more
willing to borrow funds and consequently might affect not only the stock markets
but also commodities and precious metals markets. Today, Chinas trade balance
report will be published.

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