Tuesday, January 31, 2012

Gold & Silver Prices – Daily Outlook January 31

Gold and silver prices started off the week slightly falling along with other
commodities such as oil. The Euro and AUD also traded down against the US
dollar. There are still concerns regarding the Greek debt and the recent EU
Summit, which was held yesterday, didnt seem to ease these concerns. Currently
gold and silver are traded up. Today, the EU unemployment rate will come out;
other publications that might affect the market include: U.S consumer confidence
report; Canadas GDP and Chinas Manufacturing PMI.

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