Crude oil continued to trade down for the second consecutive day, while precious
metals changed direction and sharply increased during yesterdays trading: silver
added 4.5% to its value while gold only 0.76%. The Euro slightly appreciated
again against the US Dollar; the same goes for other major currencies (e.g.
Canadian dollar). Here is a summary of the developments of precious metals and
energy commodities for February 28th, 2012: Precious Metals: Gold price
increased on Tuesday by 0.76% to $1,788.4; Silver price sharply rose by 4.5% and
reached $37.21. During February, gold increased by 2.8% and silver by 11.85%.
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