Commodity Blog

---

Gold & Silver Drop amid Reduced Demand for Safety Posted: 25 Jan 2013 11:56 AM PST Gold declined and silver tumbled today as good macroeconomic data from Germany reinforced the positive outlook for global growth. The Ifo Business Climate Index for Germany advanced from 102.4 in December to 104.2 in January. The actual value beat the analysts’ forecast of 103.1. The positive report from Germany added to signs of economic growth in other countries. The good market sentiment reduced demand for precious metals as a safe investment. Stocks are in favor now [...]

You are subscribed to email updates from Commodity Blog To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610