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23.11.2011 16:53

Gold fell

Gold prices decreasing rate with the euro as investors' concerns increase the debt crisis in the eurozone.

Gold has fallen in price by 12 percent compared with the historical maximum of $ 1.920,30per ounce, reached in September, but this is not scared off investors. Since early November, prices fell by 1 percent in October rose 5.5 percent. This year, gold can rise by almost 20 percent.

Stocks ETF backed by gold funds rose in November to 2 million ounces, which was the most significant growth since July, when stocks rose by 2.95 million ounces. At the European ETF accounts for 10 percent of growth stocks, which indicates a high demand for safe assets among European investors.

Gold futures for December delivery fell to $1,677.10 an ounce on the Comex in New York.

23.11.2011 16:27

Oil declined

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