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October – gold price correction October 29, 2012
In October, gold lost 3.5% of its value and reached a price of $1,710 per ounce. Unfortunately, the metal failed to break through the $1,800 per ounce threshold, which represents...
September – gold prices rise to $1,771 04.10.2012
In September, gold gained 4.7% in value and reached a price of $1,771 per ounce. It is slowly approaching the $1,800 per ounce mark and is likely to...
August: the month when gold prices hit new highs 02.09.2012
In August, gold prices finally broke out of their months-long consolidation period. As most analysts had expected, this was an upward breakout. What...
Gold market – July summary 04.08.2012
Gold prices in July drifted around the level of $1,600 per ounce for another month. On the last day of July, the gold price closed at $1,614 per ounce, which represented an increase...
Summary of 2011, forecast for 2012
The year 2011 ended with another impressive result for the gold market – global demand rose by 0.4% to 4,067.1 tons, reaching a value of over USD 205 billion. The main...
Gold as a strategic asset for European investors
During a period of extreme economic uncertainty in the eurozone, continuing concerns about economic growth in the United States, and the possibility...
