Thursday, March 8, 2012

Gold and Silver Continued Their Rally–Recap March 8th

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DG365FD46564GFH654FU898 Gold and silver prices continued their rally as they have risen in the past couple of days. Crude oil also trade up yesterday; on the other hand, natural gas prices continued their decline. The Euro sharply appreciated again against the US Dollar as ECB left the rate unchanged at 1% and U.S. jobless claims slightly rose to 362k. Here is a summary of the developments of precious metals and energy commodities for March 8th, 2012: Precious Metals: Gold price increased on Thursday by 0.88% to $1,698.7; Silver price also rose by 0.73% and reached $33.83. During March, gold decreased by 0.7% and silver by 2.34%.



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