Today’s Gold Prices: USD 1094.50, EUR 1020.32 and GBP 719.89 per ounce.
Friday’s Gold Prices: USD 1083.75, EUR 1006.60 and GBP 712.08 per ounce.
Gold in EUR – 1 Year
Gold closed at $1,082 even on Friday, down by $2.60 and -0.55% overall for the week. Silver also continued to lose value on Friday closing down $0.08 to $14.23 showing an overall loss of -3.46% for the week. Platinum lost $18 to $856.
Asian shares hit six-week lows as investors moved into safe haven assets, including gold and government debt. However, gold came off session highs as European shares reversed early losses.
Markets remain complacent about financial and economic risks posed by terrorism and consensus is that there will be no long-term economic impact from the tragedy in Paris on Friday.