Go Finance Reporting in NEW YORK - Commodities trading of gold at the end of this week reached the highest price during this weekend was due to concerns over Greece's debt crisis. Investors are also still take a relatively safe because the dollar exchange rate (U.S.) against the Euro is still weakening.
As quoted by Reuters (05/28/2011), the gold price in trading Friday carrying USD1.538, 10 per try onz. This price is the highest price since 4 May. Gold prices on Thursday own trade recorded U.S. $ 1518.10 per try onz.
COMEX gold futures from the benchmark for July delivery itself also observed increased to USD1.536, 30 per try onz or up USD13, 50.
Meanwhile, silver prices supported New York's iShares Silver Trust was observed to be rallying on USD37, 90 per try onz from the previous price of USD37, 24 per try onz in trading Thursday.
As is known, in the midst of financial problems that hit the U.S. and Europe, gold is still the choice for investors as the investment is immune to inflation. Gold prices are often triggered by rising oil prices. (GoFinance)
No comments:
Post a Comment