Gold and silver prices bounced back and rose on Thursday after their dive on
Wednesday; crude oil prices continued their rally and rose again for the second
consecutive day; natural gas future price sharply fell on Thursday. The Euro
slightly depreciated again against the US Dollar. Here is a summary of the
developments of precious metals and energy commodities for March 1st, 2012:
Precious Metals: Gold price slightly increased on Thursday by 0.64% to $1,722.2;
Silver price sharply rose by 2.94% and reached $35.66. During the week, gold
decreased by 1% while silver increased by 0.7%.
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