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Commodities Briefing - Categorized | Bullion/Gold, Commentaries more

Gold: nothing succeeds like success

Posted on 12 February 2009

From Mineweb.com: Listed gold stocks continue to lead the attempted recovery in global stock markets, supported on Wednesday by a dollar gold bullion price that moved to seven-month highs, above USD 945 an ounce.

Measured on an absolute basis, the market value of gold stocks listed around the world moved to well above USD 200bn, the highest level seen since October 2008, a month after erstwhile Wall Street investment bank Lehman Bros. filed for bankruptcy, triggering yet another stage of the most intense crisis in world credit and equity markets seen in decades….. Full Article: Source


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VRS - who has written 36130 posts on Opalesque Commodities Briefing.


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