Events - 31 May 12
Little change in the price of gold yesterday in a low volume market. Analysts as well as speculators are still processing the implications of the bailout conditions of Cyprus, especially in terms of deposits that have hitherto been considered a very safe form of investment. These implications can be positive for the gold price to strengthen its role as a refuge. Meanwhile the price ranges for the pivot of $ 1,600 / ounce.
PRECIOUS ARGYOR (AMPSA)