Gold Gold Gold - Sell? The price of gold closed yesterday at $1,166.8 per ounce. Nowhere near the October high of $1,187 an ounce and a slow down on the last week’s gains amid the U.S. producing weak economic data. It also follows the results from research company Thomson Reuters GFMS’s data - published yesterday - that reflects the Q3 estimate for gold supply & demand and an outlook for Q4. This reported that in the three months from July to September the market had a net balance of +150t, up from 111t in the same 10/28/2015
The price of gold closed yesterday at $1,166.8 per ounce. Nowhere near the October high of $1,187 an ounce and a slow down on the last week’s gains amid the U.S. producing weak economic data. It also follows the results from research company Thomson Reuters GFMS’s data - published yesterday - that reflects the Q3 estimate for gold supply & demand and an outlook for Q4. This reported that in the three months from July to September the market had a net balance of +150t, up from 111t in the same