Gold Falls due to Re-Hypothecation, Counter Party, Liquidity and Contagion Risk
Dec.15, 2011
Gold is trading at USD 1,591.10, EUR 1,224.20, GBP 1,026.30, CHF 1,501.40, JPY 123,940 and AUD 1,602.0 per ounce.
Gold’s London AM fix this morning was 1,590.00, GBP 1,026.535 and EUR 1,223.64 per ounce.
Yesterday’s AM fix was USD 1,635.00, GBP 1,055.32 and EUR 1,255.18 per ounce.
Originally from The Market Oracle


