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2011 Gold Report

 

Gold Report 2011

New Zealand Mint’s Mike O’Kane tracks gold’s ups and downs

Gold had a year of ups and downs, surging to record prices in both USD$1921 and NZD$2325 before pulling back and trading within a range for the last 2 months. Key price influences during the year were a mix of the predictable – for example the Indian wedding season – and the unforeseen – a third quarter price run.

Here’s a quarter-by-quarter analysis of the year.

Wall St revels in great January

 

Gold ends at best in 11 weeks