Wednesday, December 28, 2011

Gold is Winner always

WHILE the price of gold has fallen this week, it remains the top-performing commodity of 2011.
During the year it has traded at an average of $US1569.88 an ounce, with its lowest point ($US1308.25) on January 28 and its peak on September 6 when it reached $US1921.15 an ounce.
The second half of the year was marked by its volatility - in August, and then again in September, the daily gold price fell by as much as 7 per cent, and since July it has regularly spiked by 4 per cent a day.