Thursday, 24 April 2008

$1000 gold today! 2008-03-13

Thursday 13th March 2008. Today's the day for $1000 gold!

This is it! Finally the day I hoped but perhaps never expected to see when I started taking an interest in the gold market in the year 2000. Gold finally reached $1000 per ounce, for a brief moment. No spectacular breakout, just a mere touch at that level in the spot market and the futures too. Kitco is displaying the high as $1000.60 in the spot market and a Marketwatch article mentions $1001.50 in the futures on the NYMEX exchange.

Presently the level is back at Bid/Ask $991.10/$991.90.

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