Gold and silver didn't do much yesterday after their recent rally in the previous two business days. Today there are several items on the agenda including: Euro Area Monetary Development, U.S Core Durable Goods, Great Britain Current Account and Great Britain Updated GDP 4Q 2011. The daily forecast of gold and silver for March 28th Gold price edged down on Tuesday by 0.03% to $1,687; silver also traded down by 0.41% to $32.62. The Euro/USD slipped on Tuesday by 0.32% to 1.3316. If the Euro/USD will continue its fall today then they may also adversely affect metals.
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