Crude oil prices increased again for the second consecutive day; gold price and
silver remained nearly unchanged as gold slightly rose and silver moderately
decreased on Thursday. Natural gas prices changed direction and sharply
increased. The Euro also shifted and slightly appreciated against the US Dollar;
other major currencies (Aussie dollar) also slightly appreciated against the U.S
dollar. Here is a summary of the developments of precious metals and energy
commodities for February 16th, 2012: Precious Metals: Gold price moderately
increased on Thursday by 0.02% to $1,728.4; Silver price slightly decreased by
0.11% and reached $33.37. During February, gold declined by 0.69% while silver
rose by 0.32%.
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