Dec. 2005 – Gold at $500
Gold bullion closed in London at $502.50 per ounce on December 2. The P.M. fix had not been above $500 since 1987. Even though, as shown in the chart below, the dollar price of gold had been steadily increasing for five years or so, it was the $500 “milestone” that put gold back in the […]
Dec. 2005 – Gold at $500 Read More »