Wednesday 25 November 2009

New gold highs in Sterling! : 2009-11-25

Wednesday 25th November 2009 at 16:26.

I blinked and I missed it! Over last weekend the gold price zipped past its old all-time high in pounds Sterling of around £693 per ounce set around the beginning of February 2009 and has registered six London Fixes all above £700.

Today 2009-11-25 : GBP 704.45 706.73
Yesterday 2009-11-24 : GBP 708.81 703.30
Monday 2009-11-23 : GBP 702.41 702.87
compared to last week :-
Friday 2009-11-20: GBP 690.83 691.04
Thursday 2009-11-19: GBP 681.55 682.84

Last Friday's close was £696.81 (US$1150.90 with$1.6517:£1), which I think is clearly abover the old high from earlier this year.

Currently at 11:02 NY time on 2009-11-25, 16:02 London time, the Sterling price is £707.33 (or US$1178.40-1178.50 depending on which end of the Kitco page you are reading ,with $1.6660:£1).

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