Major Commodities Started the Week Rising–Recap January 23

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DG365FD46564GFH654FU898 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 Friday’s 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%.