Gold Ends Quarter with 8% Gain

Sep. 30, 2011 01:59PM PST

The Globe and Mail reported that gold gained 8% this quarter despite recent volatility in the market.

The market news is quoted as saying:

Gold, which fell this month during a broad selloff of riskier assets as investors worried about euro zone debt and a sluggish U.S. economy, remained 15 per cent below its record of $1,920.30 an ounce set Sept. 6.

To read the full market news, click here.

gold investing

The Conversation (2)

Douglas Williams

14 Mar, 2012

Of course the annalists whoever they are got it right today in the press all this negativity the only reason the gold price has fluctuated is there are a few people who had to pay of other debts and what a way to do it sell of a little gold they paid 600 dollars a few years ago sold for $1700== very smart just leaves a lot more investment for people who need not to cash in look at this world right now a third is in a heap broke of course, gold will keep going up it is the only commodity on earth that will hold its own, the physical trading in gold will prevail for centuries to come now how much was a ounce in the thirties now how much is it appreciated come on do you know what year it is mmm 2012 think about this 2024 mmmmm now you are thinking $5000- $10000 a ounce forget about these old geriatric thinking Journalists who live for smut in script they have just lost it I say follow your own gut and win you will..