Natural gas prices started the month on a negative note as they have sharply
declined again. Crude oil was also traded down during yesterdays trading. On the
other hand precious metals rallied from their slowdown as gold and silver prices
increased on Wednesday. The Euro rallied from its decline on Tuesday and
slightly appreciated yesterday against the U.S dollar; other exchange rates
including the Australian dollar also rose. Here is a summary of the developments
of precious metals and energy commodities for February 1st, 2012: Precious
Metals: Gold price increased again on Wednesday by 0.52% to $1,749.5; Silver
price also traded up by 1.52% to $33.81. During the week, gold rose by 0.8% and
silver by 0.1%.
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