Friday, February 3, 2012

Gold and Silver Continued to Trade Up –Recap February 2

Gold and silver prices continued their rally as they have finished yesterdays
trading rising. Crude oil (WTI) continued its downward trend while Brent oil
rose; the gap between the two has risen to its highest level since November 9th
2011. Natural gas future price changed direction again and sharply rose
yesterday. The Euro and many other currencies slightly fell yesterday against
the U.S dollar. Here is a summary of the developments of precious metals and
energy commodities for February 2nd, 2012: Precious Metals: Gold price rose
again on Thursday by 0.56% to $1,759.3; Silver price also traded up by 1.09% to
$34.18. During the week, gold rose by 1.4% and silver by 1.1%.

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