Gold and silver prices continued to recover from the downward trend of December
and presented strong numbers during the first couple of weeks of 2012. The ECBs
decision to keep the Euro interest rate unchanged may have helped keep the Euro
strong against the US dollar during the week and consequently may have
contributed to the rally of gold price and silver price. But by the end of week
the announcement of S&P cutting the credit rating of France to AA+ dragged down
the Euro along with commodities prices.
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