“Pension Money Invested In Bullion Is 'Peanuts' ... At The Moment”

January 9, 2013 - 7:50am
From GoldCore Gold Bullion “Pension Money Invested In Bullion Is 'Peanuts' ... At The Moment” Today’s AM fix was USD 1,663.50, EUR 1,272.37 and GBP 1,035.35 per ounce. Yesterday’s AM fix was USD 1,653.75, EUR 1,261.06 and GBP 1,028.07 per ounce. Silver is trading at $30.40/oz, €23.39/oz and £19.04/oz. Platinum is trading at $1,591.50/oz, palladium at $679.00/oz and rhodium at $1,150/oz. Gold climbed $11.80 or 0.72% in New York yesterday and closed at $1,658.20/oz. Silver surged to a high of $30.534 and finished with a gain of 0.73%. Cross Currency Table – (Bloomberg) Gold is hovering near $1,660/oz Wednesday as investors await policy decisions by the Bank of Japan and the European Central Bank -tomorrow, as physical buying picks up in Asia. Gold tumbled last week after investors were spooked by the U.S. Fed minutes which grew concerns about quantitative easing being toned ...
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