Thursday, March 8, 2012

Gold and Silver Bounced Back on Wednesday –Recap March 7th

Gold and silver prices bounced back from the recent tumble during; crude oil
prices also rallied yesterday; on the other hand, natural gas future price
resumed its downward trend. The Euro slightly appreciated again against the US
Dollar. Here is a summary of the developments of precious metals and energy
commodities for March 7th, 2012: Precious Metals: Gold price increased on
Wednesday by 0.71% to $1,683.8; Silver price also sharply rose by 2.45% and
reached $33.59. During March, gold decreased by 1.6% and silver by 3.05%.

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