The price of gold. overnight gold hit an all-time nominal high -- $1,624 an ounce. it's backed away a bit from that high here as we have about 15 minutes left in the floor session for trading. but we are looking at gains in gold that have a lot to do with what's happened in the debt crisis here in the u.s. and around the world. $140 jump in the price of gold so far this month, on track for the biggest monthly increase since april. meanwhile when you look at what's happened to some of the gold etfs, the amount of inflows we've seen in those gold etfs, we've seen huge inflows and long open interest in gold futures. that's also been climbing steadily.
THE BIGGEST MONEY INCREASED SINCE APRIL 2011. THIS A CYCLICAL TRADE, IT`S NOT AN IN AND OUT . IT`S AN INVESTMENT TRADE FOR INVESTORS/PARTICIPANTS ON THE GOLD TRADE
THIS MAY GO OVER 1,800 UNTIL THE END OF THE YEAR...!
EXPERTS SAY THAT THIS MAY GO UP UNTIL MID NEXT YEARS OF 2012.
INFO@MINERAPERU.COM
Here you can see Peru`s development, statistics and information on Silver and/or Gold or any base metals - Export & Imports Trading Mining products and a simple way to get direct information of all type of Peru`s mining sector on mineral products, Oil, natural gas, exports of services, exhibitions, events, data, information from the Peru`s Mining of Foreign Trade Ministry.
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