Wednesday, February 15, 2012

Gold and Silver Slightly Declined Yesterday –Recap February 14

Gold and silver prices slightly declined yesterday along with other major
commodities prices: crude oil prices also slightly decreased; natural gas prices
on the other hand sharply increased. The Euro depreciated again against the US
Dollar; other major currencies (AUD and GBP) also depreciated against the U.S
dollar. Here is a summary of the developments of precious metals and energy
commodities for February 14th, 2012: Precious Metals: Gold price moderately
decreased on Tuesday by 0.42% to $1,717.7; Silver price also decreased by 1.11%
and reached $33.35. During February, gold declined by 1.3% while silver rose by
0.26%.

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