Saturday, March 3, 2012

Silver and Gold Ended the Week Falling –Recap March 2nd

Gold and silver prices continue to zigzag as they have declined on the last
trading day of the week; crude oil prices also sharply fell on Friday after they
had risen for two consecutive days; natural gas future price moderately
increased. The Euro sharply depreciated again against the US Dollar. Here is a
summary of the developments of precious metals and energy commodities for March
2nd, 2012: Precious Metals: Gold price decreased on Friday by 0.72% to $1,709.8;
Silver price sharply fell by 3.19% and reached $34.53. During the week, gold
decreased by 3.7% and silver by 2.5%.

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