Gold Price per Ounce Record !
New York price of gold set another all-time record, exceeding $ 1,400 per ounce, which means that investors expect a decline in the dollar value New York price of gold set another all-time record, exceeding $ 1,400 per ounce, which means that investors expect a decline in the dollar value of the planned major purchases of U.S. Treasuries by the Fed. Immediate delivery of gold from more expensive on Monday by 0.8 percent., To $ 1,406.10 an ounce. Earlier in the day, it transiently reached a record price of $ 1,407 per ounce. Price ounces of gold for delivery in December rose on Monday at $ 7.30, to $ 1,405. To revive the U.S. economy the Fed wants to buy government bonds for a total of 600 billion dollars. Are increasing the prices of other metals. For example, palladium is the most expensive since April 2001 and costs $ 700 per ounce. Silver rose by 3% and is the third highest level in 30 years. As the chart shows gold is a very good capital investment.
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