Swiss francs

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"Swiss francs"

Finews interviews James Turk

James, after gold has fallen 15 per cent in three days, many people say, gold as lost its safe haven status. True? No, it is not true. First of all, the price of just about every other asset also fell, so gold was no different in this regard. More importantly, gold is a tangible asset, so it does not have any counterparty risk. It is ...

2011-OCT-16 · The GoldMoney News Desk

buy gold, central banks, gold price, Swiss francs, USA

Central banks and the gold price

Last week the Swiss National Bank suddenly announced that it was “no longer going to tolerate a EUR/CHF exchange rate below the minimum rate of CHF1.20”. Just before the announcement the franc had been trading at CHF1.10, so it represented a devaluation of about 9%. The Swiss Franc had been as strong as parity about a month ...

2011-SEP-11 · Alasdair Macleod

central banks, gold price, Swiss francs, Switzerland

Gold and the Swiss franc act as safe havens in stormy markets

Gold remained relatively flat on Wednesday but closed August out strong at $1,831 per troy ounce in the New York Comex. Lagging behind was the Dow Jones (DIJA) which ended August at 11,641 points after taking an almost 20% point dive in the first few weeks of the month. Even the Federal Reserve, per the FOMC’s minutes, ...

2011-SEP-01 · The GoldMoney News Desk

dollar, euro crisis, gold price, quantitative easing, stock market, Swiss francs, USA

Thai gold-buying frenzy

Thailand's police have announced an increase in measures designed to protect the shops of gold traders in Bangkok – a side-effect of the recent surge in gold prices. The extension of the safety measures by Thailand's police is mainly affecting the renowned gold hubs in the country's capital Bangkok. This includes gold shops in city ...

2011-AUG-11 · Roman Baudzus

gold price, Swiss francs, Thai baht, Thailand

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CURRENT PRECIOUS METAL PRICES

	Gold: Gold Buy Rates	$49.4560/gg $1,538.20/oz
	Silver: Silver Buy Rates	$27.1900/oz
	Platinum: Platinum Buy Rates	$45.3969/pg $1,412.00/oz
	Palladium: Palladium Buy Rates	$18.9046/pd $588.00/oz