04/30/09 8:21 am - London Gold Market Report
Gold “Stuck” with Bonds, Currencies as Equities Ignore “Horrific Deflationary Catastrophe” THE PRICE OF GOLD was driven sharply lower at Thursday morning’s Gold Fix in London, dropping 1.2% to a one-week low of $889 per ounce as world stock markets continued to rise. Government bond prices ticked down, and the US Dollar reversed an early drop on the currency markets. Trading at £598 an ounce, the Gold Price in Sterling meantime unwound this year’s entire gains-to-date, standing at a 15%




![Validate my RSS feed [Valid RSS]](http://www.kangarootail.com/valid-rss.png)
