Source: Wall Street Journal                  Date: 05 October, 2011

A recent climb in the prices of precious metals is not offering relief to investors. Gold climbed back from a 1 percent loss in the price of gold. Gold has been a mineral that firms such as Ivanhoe Mines have put more focus into for production.“No one seems to know where the market is headed,” a Singapore-based trader said. He added that he wasn't very confident in gold after its recent jump in price.”Another analyst said the benefit to gold's comeback is the potential benefit it could have to the European market. Other analysts said they expected Gold to experience another shakeup this week. Barclays Capital said it targeted gold for USD 1,523 per ounce from USD 1,616.Silver fell more than 2 percent, but then climbed back up past 2 percent to settle at USD 30.76 an ounce. Barclays said a price below USD 30 per ounce for silver would be a good thing and could help retail get back on track.