Thursday, January 1, 2015

Gold in Euro terms doing well


Those owning gold in terms of the US dollar find themselves bored, and if they are not they should be. With gold trading $1,195, it’s down 0.5 percent for the year-to-date and that, in our opinion, defines boredom. 

However, those long of gold in euro denominated terms know that with gold trading $977 per ounce, they are up 11.6 percent for the year.