Gold and Silver Price Update-12th March 2011

Gold and silver prices steadied a bit on Friday, the 11th of March 2011, since investors were still bullish about gold following the earthquake in Japan. American Eagle troy gold closed at USD $ 1486.51 an ounce, up from its price on Thursday of USD $ 1477.11 an ounce. On the other hand, silver price fell on Friday. The London Fixing, Spot Price of silver was £21.3125 an ounce, whereas it was priced at £21.7895 an ounce on Thursday.