News » February, 2011 » 15 February 2011
Gold disappoints at the beginning of the year
15.02.2011, 08:14 | Finance-Banks | 846 views
The price of gold is currently around 7% lower than the historic high reached at the end of December, with the major fluctuations recorded at the beginning of this year being troublesome for investors who let themselves be mesmerised by the spectacular rises recorded in previous years. One gramme of gold was yesterday worth nearly 138 lei at the NBR (central bank) exchange rate, compared with a historic high of 147 lei, reached on December 29th of 2010. The last few days have, however, brought a slight rebound in the price of gold, which had fallen to 131 lei/gramme in the first week of February. Read more on ZF.ro
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