Monday, February 13, 2012

Gold & Silver Prices – Daily Outlook February 13

Precious metals prices ended the week falling after they had changed directions
during last week. It was reported today that Hedge funds raised their bets on
commodities in anticipation of rising commodities prices due to expected growth
of the U.S. economy. Greece has passed its austerity plan in its parliament. The
markets seem confident Greece will now receive the next bailout package.
Currently gold and silver prices are increasing. Today, Bank of Japan will
publish its rate decision and monetary policy.

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