USD 63.8487

0

EUR 70.5975

0

BRENT 64.99

+0.36

AI-92 42.31

-0.01

AI-95 45.95

-0.04

AI-98 51.59

-0.04

Diesel 45.97

-0.08

14

Gold Recovers its Shine

An agreement by 15 European central banks to...

An agreement by 15 European central banks to restrict gold sales over the next five years is music to the ears of gold investors.

The new agreement confirmed gold as an important part of monetary reserves and bound sales to less than 500 tonnes a year. Traders say gold prices will now be stable at present levels, with rises likely.