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28.12.2011 08:43 The official spot prices for precious metals on the session on Tuesday, December 27, in New York has changed directions and were: Gold - 1593.3 $ / ounce (-0.9%), silver - 28.83 USD / ounce (-1.37%), platinum - 1427 USD / ounce (0.14%), palladium - 666 USD / ounce (no change). The dynamics of the price of gold is getting weaker, they have not grown in conditions of instability of financial markets, gold is overbought, - says UBS chief economist Larry Hathaway. Problems in the global economy remain, but investors seem to be looking for an alternative to gold. Of course, central banks may continue to diversify reserves, but that's not enough for the yellow metal soaring to new highs. "Maybe gold will rise by another couple of hundred dollars and test the recent highs. But I think it should cost about $ 1,200, and I think eventually the price will adjust to this level," - said the expert Bloomberg. 27.12.2011 16:49 Precious metals traded on Tuesday, December 27, cheaper. Precious Metals trades on Monday, December 26, have been conducted. Recall, the official spot prices for precious metals on the session on Friday, December 23, in New York rose to $: Gold - 1608 USD / ounce (0.1%), silver - 29.23 USD / ounce (unchanged), platinum - 1435 USD / ounce (0.42%), palladium - 666 USD / ounce (1.38%). Tuesday, December 27, at 8:00 GMT Gold futures stood at $1594.6 / ounce (-0.71%), silver - 28.89 USD / ounce (-0.66%), platinum - 1429 dollars . / ounce (-0.04%), palladium - 655.65 USD / ounce (-1.59%). As of 16:30 Moscow time gold cheaper to 0.87% (-13.19 USD / ounce), silver - 0.89% (-0.26 USD / ounce) Platinum - 0.21% (- $ 3.00 / oz), palladium - at 1.74% (-11.50 USD / ounce).
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Daily Silver Chart
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Yearly Silver Chart