Gold News: Monthly Review December 2011
Gold Weakens to halve Yearly Gain
Precious metals eroded most of any gains made through 2012 in December, as values were dominated by news from Europe and downward pressure was exaggerated by a lack of buying from India (as highlighted in this blog last week)
December reasonably positively, as European leaders spoke bullishly of the possibility of a new debt relief package and a new treaty for the financial stabilisation of Europe. However, general commodity prices ease due to the threat of European markets moving… Continue reading