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GoldCore Precious Metals Update
Mon, Jun 29 2009, 11:50 GMT
by GoldCore Bullion Services Team
GoldCore
Gold Gold was trading in the mid $930s in Tokyo
overnight but buying in Europe this morning took it over the $940
level. With increasing concerns regarding the sustainability of the
fabled "green shoots" and whether the recent recovery in equity markets
can be sustained, gold will continue to be well supported. Especially
as the relative merits of the individual major currencies (EUR, USD,
JPY and GBP) look increasingly like an ugly sister competition. Gold is
currently trading at $942.2/£570/€671.
Silver
Silver also dipped overnight to $13.96 but proved to be made of hardier
stuff in late morning trading and has pushed upwards to be currently
trading at $14.10/ £8.53/€10.04.
Platinum Group Metals
Platinum's hold above $1,200 on Friday was short-lived and it has
retraced some of last week's losses and is currently trading at $1,191.
Palladium has also fallen off slightly at $245 and rhodium is currently trading at $1,325/$1,500.
Published on
Mon, Jun 29 2009, 11:59 GMT
Archive
- GoldCore Update: US Interest Rates to Remain Exremely Low for an Extended Period of Time
Published On Thu, Nov 5 2009, 14:02 GMT
- Silver Set To Soar As It Did In The 1970s
Published On Wed, Nov 4 2009, 13:16 GMT
- GoldCore Update: Gold's New Record Price Over $1,093/oz - $1,200/oz By Year End?
Published On Wed, Nov 4 2009, 13:10 GMT
- GoldCore Update: ECB Sees Gold as Important Asset and India Buys 403 Tonnes of IMF Gold
Published On Tue, Nov 3 2009, 13:48 GMT
- GoldCore Update: G20 Finance Ministers Meeting and LBMA Precious Metals Conference in Scotland
Published On Mon, Nov 2 2009, 15:10 GMT
[ View All ]
Gold and Silver Investments Limited
| 63 Fitzwilliam Square, Dublin 2, Ireland
http://www.goldcore.com | info@goldcore.com
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The information in this document has been obtained from sources, which we believe to be reliable. We cannot guarantee its accuracy or completeness. It does not constitute a solicitation for the purchase or sale of any investment. Any person acting on the information contained in this document does so at their own risk. Recommendations in this document may not be suitable for all investors. Individual circumstances should be considered before a decision to invest is taken. Investors should note the following: Past experience is not necessarily a guide to future performance. The value of investments may fall or rise against investors interests. Income levels from investments may fluctuate. Changes in exchange rates may have an adverse effect on the value of, or income from, investments denominated in foreign currencies. Gold and Silver Investments Limited, trading as Gold Investments is a Multi-Agency Intermediary regulated by the Irish Financial Regulator.
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