|
|
N e w s
MARCH 9
Gold Price Fall Will not Stop, Platinoids Price Will Probably Increase
Gold price fall will not stop, platinoids price will be the same if not increase, probably. This is the future forecast given by Valery Braiko, Chairman of The Union of Gold-Diggers of Russia at the Conference "Gold Producing Industry of Russia. Problems and Prospects".
He stressed that in 2000 the price of gold and silver was minor during the number of years. Productivity and reserves of these precious metals are still high.
In the meantime prices of platinoids rose up in 2000. At the beginning of 2000 price was $400-450 per troy ounce, while in Janury 2001 platinum was sold at $600, palladium at over $1000.
Source: Prime-TASS
|
Main page
