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Commodities Briefing - Categorized | Bullion/Gold, Investment, Price Watch more

Gold price up 15pct, silver 30pct in 3 months: What are you waiting for?

Posted on 24 September 2012

Precious metals investors have had an extremely rewarding last quarter. From $1,555 per ounce that spot gold prices closed on June 28, 2012, gold prices are up 15 per cent, reaching a high of $1,788 last Friday, September 21, 2012.
It’s the QE3 effect, experts are now claiming although the surge in gold seemed to have started much before US Federal Reserve Chairman Ben Bernanke announced the third round of the quantitative easing programme on September 14, 2012………………………………………..Full Article: Source

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VRS - who has written 38561 posts on Opalesque Commodities Briefing.


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