Wednesday, January 25, 2012

Gold & Silver Prices – Daily Outlook January 25

Gold and silver prices changed direction and moderately slipped during
yesterdays trading along with other commodities prices such as curd crude oil
prices. Currently, gold and silver are traded slightly up. Today, the FOMC
statement and rate decision will be announced, U.S. pending home sales report
will be published along with the German business climate report, Great Britains
GDP growth in the fourth quarter and ECBs President Draghi will give a speech.
Many look forward for todays FOMC statement that may affect forex and
commodities markets if it will have any interesting headlines.

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