Mon, 30 Jan 2012 14:39:56 GMT
Precious metals rallied on Friday amid lower UD Dollar
Precious metals, except for palladium, advanced on Friday as slower than expected US economic growth and softer US Dollar stimulated rally started after Fed's monetary policy decision. Palladium, the only loser, followed growth-sensitive base metals' fall. Hedge funds and large speculations increased their net long positions in gold and silver. However, precious metals started Monday on a negative note amid