ManagementParadise.com : Worlds Leading Management Portal. MBA | Classroom, Boardroom and Beyond

Go Back   ManagementParadise.com Forums > Management Students Voices ( MBA,BMS,MMS,BMM,BBA) > General Talks

Gold closing in on magical mark of $ 1000

Discuss Gold closing in on magical mark of $ 1000 within the General Talks forums, part of the Management Students Voices ( MBA,BMS,MMS,BMM,BBA) category; Gold closing in on magical mark of $ 1000 Gold prices on Monday edged one more step towards the magical ...

Reply

 

Thread Tools Display Modes
Advertisements
Gold closing in on magical mark of $ 1000
Old
 (1 (permalink))
anant1a
anant1a will become famous soon enoughanant1a will become famous soon enough
 
anant1a
Ghatkopar, Mumbai
 
Institute: VESIMSR
Status: Offline
Posts: 1,021
Join Date: Sep 2007
Location: Ghatkopar, Mumbai
Lightbulb Gold closing in on magical mark of $ 1000 - March 3rd, 2008

Gold closing in on magical mark of $ 1000

Gold prices on Monday edged one more step towards the magical figure of $1000 an ounce thanks to a weak dollar and high oil prices.

The yellow metal jumped as high as $984.60 an ounce and was quoted at 978.00/978.90 in New York. Silver jumped to $20 an ounce for the first time since November 1980, while platinum and palladium held near their recent highs.

Gold has gained around 18 percent in 2008 as investors shift some of their money into the precious metal on expectations of more interest rate cuts in the United States, volatile stock markets and fears of rising energy costs.

Crude oil held steady near $102 a barrel, supported by a falling U.S. dollar and expectations that OPEC would leave its output unchanged. Silver rose as high as $20.16 an ounce, up from $19.80/19.85 an ounce late in New York,

Spot platinum eased to $2,158/2,168 from $2,163/2,170 ounce late in New York. It hit a record of $2,192 an ounce on February 22 as problems with power supply disrupted mining in main producer South Africa.
Advertisements


[b][i]




“Statistics are like a Bikini.
What they reveal is Suggestive,
but what they Conceal is VITAL.”




Friends: (3)
Reply With Quote

Reply

Bookmarks

Tags
1000, closing, gold, magical, mark

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are Off


» Login
Forgot Password?  New User?
  

» Recent Threads

Engineering Admission...
Last post by Bhautik Kawa
7 Hours Ago 06:42 PM
M.Sc Admission Program...
Last post by Bhautik Kawa
8 Hours Ago 06:35 PM
BCA/MCA Admission 2016 -...
Last post by Bhautik Kawa
8 Hours Ago 06:26 PM
M.Sc Admission Programs...
Last post by Bhautik Kawa
8 Hours Ago 06:22 PM
UG/PG Admission Programs...
Last post by Bhautik Kawa
8 Hours Ago 06:09 PM

» Ads


ManagementParadise.com is not responsible for the views and opinion of the posters. The posters and only posters shall be liable for any copyright infringement.


Management Paradise
About Us
Press
Jobs
Contact Us
Kartik Raichura
Legal
Terms & Conditions
Privacy Policy
Disclaimer
Copyrights
Help
Zeitgeist
Support
FAQs
Tour
Feedback
Partners
Follow
Copyright © 2004 - 2016 Management Paradise. A Management Paradise Venture