Saturday, March 17, 2012

Gold and Silver Prices Resumed Their Descent on Friday March 16th 2012

Gold and silver prices slipped yesterday after they have rallied a day earlier.
Crude oil prices on the other hand sharply rose on Friday; natural gas future
also traded up but the spot price sharply declined yesterday. The Euro sharply
increased against the U.S. dollar. Here is a summary of the changes in precious
metals and energy commodities for March 16th, 2012: Precious Metals: Gold price
slipped by 0.22% to $1,655.8; Silver price also decreased by 0.37% and reached
$32.60. During March, gold decreased by 3.24% and silver by 5.88%.

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