Following the sharp gains for gold and silver prices during January when gold
price rose by 11% and silver by 19.15%, the situation in February was much
different. Gold price increased by only 2.07% from the end of January; silver
has added 6.49% to its value. What were the events and decisions that may have
affected the direction of gold and silver prices during February? Part of it
might have to do with the recent decision of the EU leaders to approve the
bailout package for Greece. Will gold and silver prices reignite their rally
from January and trade up during March 2012? Lets analyze the precious metals
market for February and provide a short outlook for gold and silver prices for
March 2012.
No comments:
Post a Comment