Monday, June 20, 2011

The price of gold in London set below $ 1500 per ounce

To spot precious metals market in London spot gold price in relation to her morning fixing today declined significantly for the first time in four trading days established below a mark 1500 dollars per ounce price of gold AM Fixing today officially reached 1,488.25 dollars per ounce - the lowest figure since May 6 this year, RBC reports. AM Fixing the price of gold in London today declined relative to its value over the previous trading day at 36.25 dollars per ounce, or 2.4%, adjusting the price futures market. Currently, the COMEX exchange rates for transactions in gold futures on the first three items are kept in the range 1486,6-1492,2 dollars per ounce. Here's what the prices of the morning and evening fixing for gold in London in the previous five trading days (U.S. $ / oz): - May 11 - 1524,50 (AM Fix), 1508,00 (PM Fix); - May 10 - 1517 25 (AM Fix), 1513,50 (PM Fix); - May 9 - 1505,00 (AM Fix), 1502,00 (PM Fix); - May 6 - 1487,75 (AM Fix), 1486,50 ( PM Fix); - May 5 - 1514,50 (AM Fix), 1511,30 (PM Fix). In the currency of the eurozone money AM Fixing the gold in London was today officially 1,050.500 euros / oz. As a result, the value for an ounce of gold in U.S. dollars to its costs in euros today was 1.4167 against 1.4410 the previous day trading.

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