Fri
19
Dec
Dec. 18, 2008 Closing Market Data
TSX 8425 DOW 8605 NASD 1552 S&P 885
GOLD $860.60 SILVER $ 11.12 OIL $38.20
Gold was $860.60 at yesterday’s close. This may seem insignificant except for the fact it was up 3.2% from Dec 31, 2007 when it closed at $833.75. Another interesting fact is that gold and platinum prices are now trading at levels almost equal to each other. In 2007 platinum was trading over $2100.00 per ounce as quantities of this commodity were and still are very scarce. This could very well be an excellent time for entry into funds invested in gold, or at least be certain to hold onto these funds if already in your portfolio.
…..Doug T.
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Friday, December 19th, 2008 at 11:20 am
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