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Gold ended the 2011 annual gains of 10%
On: Sun 01/01/2012 6:22
Erbil / agencies
went gold to end in 2011, up by about 10% to achieve this yearly gains are added to the rate of price year over ten years in a row, while causing lower prices in the current class by 19% from its record high of 1920.30 dollars an ounce, which is recorded on the Last September, recording the first quarterly loss in more than three years.
And achieved gold in the world markets a return of 9.3% for investors in 2011 while the total return on U.S. Treasury bonds decade about 17%, the total crude oil Brent 13.5%, whereas the government bond German decimal highest returns for investors by 31.1% that reported "Reuters."
Gold rose from the lowest level in six months and recorded by the last Thursday as the dollar fell to fetch up to 1570.79 dollars an ounce.
In spite of difficulties in 2011 abandoned the gold in the past few months about his traditional haven of unrest, with many investors to liquidate their positions for a dollar After freeze money markets short-term because of the debt crisis of the euro area.
The price of gold on the spot market during the last trade in 2011, Aljmahalmadih, up by 1.6 percent to 1570.79 dollars an ounce, but it is still low at about 10 over the month, while futures rose gold U.S. 2% to 1,572 dollars an ounce, after six consecutive sessions of losses.
According to Reuters, the rising price of gold accompanied by a rise in the prices of precious metals other, as the increased price of silver rose 0.6 percent to 27.91 dollars per ounce and increased platinum 0.6% also to 1377.49 dollars an ounce, as the price of the country.
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