IMF: Gold Is Scarce “Safe Asset” And “Growing Shortage of Safe Assets”
Posted on April 12, 2012 at 12:59 PM EDT
From GoldCore IMF: Gold Is Scarce “Safe Asset” And “Growing Shortage of Safe Assets” Gold’s London AM fix this morning was USD 1,655.50, EUR 1,261.33, and GBP 1,039.04 per ounce. Yesterday's AM fix was USD 1,654.00, EUR 1,261.63 and GBP 1,040.25 per ounce. Silver is trading at $31.56/oz, €24.01/oz and £19.78/oz. Platinum is trad...