Monday, February 20, 2012

Gold & Silver Prices – Daily Outlook February 20

Gold and silver prices ended the week with little changes as they only slightly
declined on Friday. The U.S. CPI rose by 0.2% during January according to a
recent report which was published on Friday. Yet this news didnt cause much of a
reaction in the financial markets. Currently gold and silver prices are
increasing. Today, the U.S markets will be closed due to Presidents Day so the
commodities trading will only be in Europe and Asia. The financial news item for
today will revolve around the meeting of EU ministers of finance regarding the
approval of the second bailout of Greek economy.

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