Well, Gold Price is more expensive
Posted by dian eko | Filed under economic update
The price of gold on international markets continued to strengthen, even beginning to peek 1000 levels trouy U.S. dollars per ounce. The position had been achieved in the year 2008. On the New York Mercantile Exchange,rose to the position closed 943.80 U.S. dollars per troy ounce, far more expensive than the closing on Tuesday, U.S. dollar 913.70.
It is also common in the gold trade in the Hong Kong market, this Thursday morning. As quoted by the AFP, this precious metals prices soared to a direct open position 937,00-938,00 U.S. dollars per ounce, up compared to the closure level Wednesday in U.S. dollars 918,50-919,50.
He said the data was stressed that Australia should run economic stimulus package worth 42 billion dollars AU (28.1 billion U.S. dollars) which is currently trying to get parliamentary approval.
“It is clear that a global recession affecting the Australian labor market lower and stressed the need to immediately build a nation and work package by the government to support the opening of employment opportunities in Australia
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