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Gold is the first time in two months exceeded $1,380 / Oz. Last above that mark gold price rose 18 June 2013
Golden quotes grew alongside evidence of recovery in investment demand for gold bullion. The assets of the world's largest holder of gold investment institutions exchange traded fund SPDR Gold Trust at the end of business day on August 16 increased by 2.4 tons and amounted to 915.32 tons - a maximum of 5 August this year
At the balance sheet date of August 8, 2013 assets of the fund SPDR Gold Trust, represented by gold bars, fell to its lowest level since February 2009 - up to 909.33 tons By this time, the fund's assets fell by 444.02 tons (-32 , 8%) after being on December 7, 2012 they reached a historic high - 1 353.35 thousand tons.
Later, gold fell to a two-month high as investors chose to take profits. This week's important to prices of precious metals will yield the minutes of the Fed meeting on Wednesday and the Fed in Jackson Hole at the end of the week, as the prospects for change in the quantitative easing program should be reflected in prices, as it is believed that quantitative easing has been an important factor in the rising cost of Gold previously.
The cost of the October gold futures on COMEX today rose to $ 1382.40 an ounce and then fell to $ 1363.50 an ounce.
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