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gold tops $750 platinum tops $1,397 and climbing

Metals Price Change High Low Settle Last
Gold (CMX) December 07 ($US per Troy oz.) 750.70 +10.80 752.50 745.50 735.50 9/28 1:03pm
Silver (CMX) December 07 ($US per Troy oz.) 13.94 +0.30 13.99 13.73 13.65 9/28 1:08pm
Platinum (NYM) January 08 ($US per Troy oz.) 1,397.00 +24.00 1,400.00 1,395.00 1,373.00 9/28 1:05pm

http://money.cnn.com/data/commodities/

Comments

  • So, does the cost of living go up, indirectly, when this happens? I really don't know, but figured the experts here would.
    Quis custodiet ipsos custodes?

    Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."

    image
  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    No, the metal prices are a reflection in the cost of living changes.
    Obviously someone thinks we have inflation and/or unstable currencies. Unless you use the metals at home for daily consumption your cost of living is unchanged. For those who use
    "toilet gold" their cost of living could have increased (lol).

    Gold is not at a 28 year high with respect to inflation. Heck, even last year's $733-735 high has not yet been exceeded if you price in inflation or monetary increases.

    $740 bullion gold should help push the Long Beach show along this weekend.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • USAFRETWIUSAFRETWI Posts: 464 ✭✭✭
    Why did I sell my Platinum Eagle for 600.00 a few years back???image

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