Major commodities prices started off the week with sharp gains especially for
the energy commodities including crude oil prices and natural gas prices. The
Euro and other currencies including Canadian dollar rallied from Fridays falls
and appreciated against the U.S. dollar on Monday. Here is a summary of the
price developments of precious metals and energy commodities for January 23rd,
2012: Precious Metals Prices: Gold price increased on Monday by 0.86% to
$1,678.3; Silver price also rose by 1.88% to reach $32.27. During January, gold
increased by 7.1%, and silver by 15.6%.
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