Gold and silver prices moved in a horseshoe pattern as they have declined during
the first couple of days of the last week only to bounce back during the last
few days. The fall of bullion on Monday and Tuesday may have been due to the
speculation around the Greek debt crisis, the publication of ECBs balance sheets
and the news of the contraction of the EU GDP by 0.3% during the fourth quarter
of 2011. But these losses turned into gains on Wednesday and continued to trade
up throughout the rest of the week. During those days it was reported:
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