Wednesday, February 8, 2012

Gold & Silver Prices – Daily Outlook February 8

XCSFDHG46767FHJHJF

DG365FD46564GFH654FU898 The market has changed direction again as major commodities and currencies rallied from Monday’s falls. Gold and silver prices started off the day falling but soon after they had changed direction and finished the day in the green. The positive news coming from Greece of a possible agreement on a bailout package might have helped rally precious metals prices and the Euro. From the other side of the globe, Chairman of the Federal Reserve stated in his testimony the perils the U.S. economy is facing including cutting the budget deficit and reaching full employment. These news items may have helped pushing up gold and silver up. Currently gold and silver prices are moderately rising. Today, China’s consumer price index will come out.



No comments:

Post a Comment

LinkWithin

Related Posts Plugin for WordPress, Blogger...