Sunday, February 26, 2012

Gold and Silver Ended the Week Falling –Recap February 24

Crude oil continued to trade up on Friday; on the other hand gold and silver
prices changed direction and slightly declined; natural gas prices also sharply
fell yesterday. The Euro appreciated again against the US Dollar while many
other major currencies (Aussie dollar) fell against the U.S dollar. Here is a
summary of the developments of precious metals and energy commodities for
February 24th, 2012: Precious Metals: Gold price slightly decreased on Friday by
0.55% to $1,776.4; Silver price also slipped by 0.61% and reached $35.42. During
February, gold increased by 2.1% and silver by 6.49%.

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