Gold and silver prices changed direction and plummeted yesterday following
Bernankes testimony; Crude oil also changed direction and ended yesterdays
trading in the green; natural gas prices also sharply rose on Wednesday. The
Euro sharply depreciated against the US Dollar; the same goes for some other
currencies (e.g. Australian dollar). Here is a summary of the developments of
precious metals and energy commodities for February 29th, 2012: Precious Metals:
Gold price plummeted on Wednesday by 4.31% to $1,711.3; Silver price sharply
fell by 6.89% and reached $34.64. During February, gold decreased by 1.7% and
silver rose by 4.15%.
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