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Commodity prices on the way back up

July 1, 2008 by admin

http://www.goldresources.net/themes/layout-1-left/images/goldbars.jpg

New York gold and silver are rising sharply again. Let’s look at the recent price increases:

  • 04 June 2008 – Gold – $876 per ounce, Silver – $16.72 per ounce.
  • 23 June 2008 – Gold – $887 per ounce, Silver – $16.79 per ounce.
  • 28 June 2008 – Gold – $920 per ounce, Silver – $17.40 per ounce.
  • 01 July 2008 – Gold – $940 per ounce, Silver – $18.09 per ounce.

Gold is up $64 per ounce (6.8 percent), and silver is up $1.37 per ounce (7.6 percent) since our last meeting.

Keep up with daily prices at Kitco.


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