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Data Mining Electronic Recycling Estimated gold price in 2012 Gold in Industrial Application Gold Market goldnews How to Estimate Karat of Gold How to Invest Gold Issues in RECYCLING METAL Refining Mining Business Mining Companies silver silver lake resources Silver Mining Companies Silver prices in 2012
Equities Gain ; The metal fell 23 percent to $1,291.27 an ounce in London this year. It rose 9.4 percent since falling to $1,180.50 on June 28, reaching $1,300.88 on July 17. The Standard & Poor’s GSCI gauge of 24 commodities added 0.8 percent since the start of January and the MSCI All-Country World Index of equities gained 9.7 percent. Treasuries lost 2.6 percent, a Bank of America Corp. index shows.
Gold reached a record $1,921.15 in September 2011 as the U.S. central bank, which is buying $85 billion of bonds a month, led nations in cutting interest rates and purchasing debt. The Fed could keep buying bonds for longer if “financial conditions -- which have tightened recently -- were judged to be insufficiently accommodative to allow us to attain our mandated objectives,” Bernanke said two days ago.