Gold has hit its highest price in 18 years, and China's being cited as one of the reasons. (China, I notice, is cited as the reason for a lot of things lately.) Platinum has topped $1,000 an ounce, with predictions that this year mining and recycling won't provide enough to meet demand. Alastair Jamieson, Consumer Affairs Correspondent for The Scotsman,
has some details. (Did you know, for instance, that gold demand usually picks up this time of year, not only due to Christmas gift sales, but also because of the Indian wedding season?)
2 comments:
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Joan,
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