Wednesday, December 02, 2009

Gold

Gold price has hit a record high. It is now above $1215 USD per ounce. The precious metal's value reached the $1215 mark just a day after crossing the $1200 mark for the first time ever

According to the media, gold has broke numerous records for the past weeks because of fears about inflation and the increasing moves by central banks to diversify assets away from the dollar which has since weakened against Japanese yen and the euro dollar

So, in a nutshell, if you have any gold jewellery which you do not/cannot/cannot be bothered/think is too old fashioned to wear, bring them to a jewellery shop to sell them at a high price. I suggest People's Park Complex, anyone?

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