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Title:
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Gold Investment Digest Q2 2010
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Category:
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Economy
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Source:
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World Gold Council
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Sector:
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Company:
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Detail:
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Date:
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9/22/2010
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Pages:
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16
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Language:
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English
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File Type:
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Size:
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1,264 Kb
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Summary:
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The gold price had a strong performance during Q2 2010, ending the quarter at US$1,244.00/oz, on the London PM fi x, 11.5% higher quarter-on-quarter Gold had one of its largest gains in euro terms, rising 23.1% over the quarterInvestment activity suggests that gold remains a sought after asset, as investorstake advantage of its benefi ts as a source of protection, diversifi cation, liquidity and risk management. Gold’s average volatility of 15.8% in Q2 2010 was lower than the previous quarter, and while volatility increased through the quarter, it remained below that of equity and commodity indices.
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