Copper $ 5.5253 / lb 1.80%
Brent Crude Oil $ 60.11 / bbl 0.57%
Palladium $ 1767 / ozt -0.62%
Crude Oil $ 56.33 / bbl 0.77%
Natural Gas $ 3.934 / Btu -0.20%
Silver Futures $ 66.04 / ozt 0.96%
Aluminum Futures $ 2948 / ton 0.95%
Micro Gold Futures $ 4360.1 / ozt -0.10%
Micro Silver Futures $ 66.015 / ozt 0.91%
Platinum $ 1985.15 / ozt 1.64%
Gold Futures $ 4360.4 / ozt -0.07%
Go to MDC Markets

Gold price new high sign of European idiocy

Mineweb | July 19, 2011 | 9:50 am Precious Metals Europe Gold 

Non-credible European banking stress tests which took no account of possible effects of a sovereign bankruptcy are seen as the trigger which launched gold to new highs. Once again, regulators have failed spectacularly.

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