Yet again gold prices have hit an all time high of $1,218.40 per ounce, as a result of an increase in demand for a currency hedge.
The result of the growth in gold prices could be blamed upon the strength of the US dollar, as well as on heavy buying by hedge funds and other gold investment products.
The range of gold prices between the last price and today's price is: $1,196.50 to $1,218.40.
The price of Silver increased too. The range is between: $19.10 to $19.47
Platinum was another metal that rose to all time high of $1,510.50 per ounce.
Another metal that rose was Palladium. It is currently worth $393.05 per ounce.
Its amazing to see the price fluctuations in global markets as well as the continuous flickering of gold and other precious metal prices.
I have been using a site to further see these fluctuations in greater detail. If anyone is interested, check out: www.netdania.com
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