Neeter said the economy has always been a factor in the volatile gold market, which explains why previous spikes in gold prices have mirrored national economic distress such as oil crises and high inflation in the mid- to late-'70s, which led to an all-time high of $850 per troy ounce
As a result, Klapwijk noted that he would not be surprised to see if gold breaks through $1600 a troy ounce
before the end of the year.
And while the price did dip to the mid-$800 dollar mark, the price still flirts with the $1,000 troy ounce
75 a troy ounce
at one point, setting its highest level in about 16 and a half years for the second straight day.
dollar value of one troy ounce
, the E-micro gold contract is one-tenth the size of that benchmark and carries a smaller initial margin requirement.
60 a troy ounce
during European morning trade, an increase of 0.
The price amounted to $1,390 per troy ounce
of gold as of September 1, 2013.
30 a troy ounce
in London on Wednesday, hitting the highest level in 16 and a half years at one point, as investors lost their ardor for dollar assets due to the slumping U.
00US) per delivered troy ounce
of gold bullion, adjusted annually according to posted average costs of production nationally.
9633 manats per troy ounce
in Azerbaijan on March 6, according to the data published by the country's Central Bank.
11% to USD1,236 a troy ounce
in Asia, on the Comex division of the New York Mercantile Exchange (NYMEX).
Reduction of gold prices became the most discussed issue in April 2013, although analysts of leading banks and global funds projected record level of $1,800-1,900 per troy ounce
by the end of 2013, according to the Government's forecast of socio-economic development of Kyrgyzstan in 2014-2016.
95 a troy ounce
in US trading on Friday, up from a session low of US$1,207.
35 per troy ounce
in Asian trading Friday after down 0.
30 a troy ounce
in US trading on Friday up from a session low of 1564.