Today’s AM fix was USD 1,664.00, EUR 1,261.56 and GBP 1,029.32 per ounce.
Friday’s AM fix was USD 1,658.75, EUR 1,259.68 and GBP 1,031.37 per ounce.
Silver is trading at $30.05/oz, €22.86/oz and £18.65/oz.
Platinum is trading at $1,525.50/oz, palladium at $697.00/oz and rhodium at $1,040/oz.
“Negative real interest rates in most major economies and currency debasement are leading to increasing investment and demand for a store of value” – GoldCore in Bloomberg
"Negotiations to avert the fiscal cliff offer great political drama, but they won’t solve America’s looming budget and debt crisis," – GoldCore in Wall Street Journal
Pimco’s Gross Sees Less Return, Stubborn Unemployment, Higher Gold – Bloomberg
Gold ticks higher; on track for 12th annual gain – Reuters
We hope you have enjoyed and been informed by the news and commentary that we have shared in our market update and on our website in 2012.
We hope we can continue to impart knowledge and empower in 2013 in order to protect and grow your wealth.
GoldCore’s opening hours over the remainder of the Festive Season:
December 31, Monday: Open – 0900- 1700
January 1, Tuesday, New Years Day: Closed
January 2, Wednesday: Resumption of normal trading hours
Wishing You a Happy New Year and a Healthy, Peaceful and Prosperous 2013
From all the team at GoldCore