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During January, gold demonstrated its strongest performance in a single month since August 2011; for silver it was since July 2011. Gold price is currently 10.76% above its price from the end of 2011; silver has added 21.05% to its value. What were the driving forces for this rally in gold and silver during January? [...]
Gold and silver started the last week of the year with moderate falls. Will this slow crawl down of precious metals continue this week? Today, the KOF Economic Barometer report will be published. Gold slightly declined on Monday by 0.65% to $1,595.5; silver on the other hand slightly declined by 1.18% to $28.74. The [...]
Gold and silver changed direction again and slightly slipped on the last day of last week, after the U.S. non-farm employment report showed an increase of 103k in employment during September. Currently, gold and silver are traded up. The speculation around the European debt crisis continues to be high with an update of the recent [...]