Gold and silver prices didnt do much during last week as they have shifted from
rise to fall on a daily basis. Their sharpest drop came on Tuesday when gold and
silver prices declined by 1.22% and 3.5% respectively. The news that China and
Europes manufacturing PMI will continue to contract. This news may be among the
factors to drag down gold and silver prices during the week. China is among the
leading countries in importing gold and silver. The protests in India regarding
the new tax on gold didnt help the yellow metals performance as well.
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