Global

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  • Industry: Mining
  • Type: Business and industry issue
  • Date: 12/1/2011

Gold Q3 2011 – December 2011 

Gold prices have been rising continuously for the last 11 consecutive quarters. The average price for Q3 2011 was US$1,702.12/oz. Since 2001 the quarterly average of the gold price performance stands at 5% (which can be seen in Figure 1) which emphasizes the increased role of gold, in the last 10 years, as a continuous source of diversification, risk management and wealth preservation.
Gold – December 2011
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