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Archive for: June 30th, 2009

Gold Price Losses June

The gold price finished the month of June at $927.40 per ounce, declining $51.75, or 5.3% over the past 30 days. For the quarter, the gold price was down 0.5%, one of the few asset classes showing a loss over the past three months. The decline in the gold price in June pressured gold equities, [...]

Jun 30 2009 | Read More »

Gold Price Falls Economic Data

The gold price declined $11.72 to $927 per ounce early in Tuesday’s trading session. Liquidation of long gold futures contracts continued as open interest fell. The immediate catalyst for the decline was the release of the S&P/Case Schiller home-price index, which declined at a slightly slower pace than forecast. The index fell 18.1 percent year [...]

Jun 30 2009 | Read More »
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