Gold and silver prices continue to rise along with the rest of the other
commodities prices including crude oil prices. The Australian dollar appreciated
against the US dollar. This rally in the Forex market may have also helped push
up gold and silver prices. Currently, gold and silver are traded up. Today,
Chinas consumer price index will be published and Great Britains trade balance
report. . Here is a market outlook of precious metals prices for today, January
11th: Gold and Silver Prices –January Update Gold price sharply inclined on
Tuesday by 1.46% to $1,631.5; silver price also sharply rose by 3.59% to reach
$29.82. In the chart below are the normalized gold and silver prices (gold and
silver prices are normalized to December 30th). During January, gold price rose
by 4.1% and silver price by 6.8%. The ratio between gold and silver prices
declined on Tuesday, January 10th and reached 54.72. During January the ratio
decreased by 2.5% as silver price has slightly outperformed gold price. On
Todays Agenda Great Britain Trade Balance: In the previous report
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