Gold is three steps away from breaking the 150 lei/kg threshold - financiare.ro
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News » December, 2010 » 8 December 2010

Gold is three steps away from breaking the 150 lei/kg threshold
08.12.2010, 00:00 | Capital Markets | 862 views



In the beginning of this week, gold broke a new historic high, according to the quotation of the Romanian National Bank, of 147 lei for one gram, about 45% higher than the price it had in the beginning of the year. Thus, for the second year in a row, gold proved one of the strongest and safest investments available.

Gold has risen at a dizzying pace over the last years (35% a year on average), which other investments have failed to match.

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