Thursday, June 9, 2011

Gold Prices still Stand at the Level USD 1.540 per Ounce

This week gold prices still stand at the level USD 1.540 per ounce after U.S. economic data weak trigger investor concerns about economic growth.

As quoted by Reuters on Monday (06/06/2011), price of gold in the spot market turned into USD1.542, 29 per ounce, after strengthening over the last three weeks. Gold in U.S. GCcv1 rose $ 1,2 to USD1.543,60.

While the price of silver in the spot market rose 0.7 percent to $ 36,45, from a low level of USD35, 13 in the previous session. Silver in

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