Friday, May 18, 2012

How is the Gold Price Calculated?

Here is a little bit of info., on how Gold varies from day to day.


Did gold really go up 14.40?
Yes. The weakened US Dollar was responsible for 2.05 of that increase.
Gold price Change due to Weakening of USD
+2.05
Gold price Change due to Predominant Buyers
+12.35
Gold Price: Total Change
+14.40
Precious Metals
Date and Time
 Last (Bid)
Change due to Weakening of USD
Change due to
Normal Trading
      Total Change

Gold
May 18, 2012 13:57
1588.70
+2.05+0.13%
+12.35+0.78%
     +14.40+0.91%

Silver
May 18, 2012 13:56
28.67
+0.04+0.13%
+0.58+2.08%
      +0.62+2.21%

Platinum
May 18, 2012 13:56
1452.00
+1.90+0.13%
+1.10+0.08%
      +3.00+0.21%



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