Gold price ended the month on a positive note, but the same cant be said for
silver; crude oil (WTI) was traded down on Tuesday; the Henry Hub changed
direction and sharply fell on the last day of the month. The Euro slightly
declined against the U.S dollar, while other exchange rates including the
Canadian dollar moderately rose. Here is a summary of the developments of
precious metals and energy commodities for January 31st, 2012: Precious Metals:
Gold price slightly rose on Tuesday by 0.35% to $1,740.4; Silver price on the
other hand declined by 0.79% to $33.26. During January, gold rose by 11.1% and
silver by 19.15%.
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