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February 2012
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New York gold prices close at 0.3% ,up 11.8% in a quarter

As of 1:30 pm EST Wednesday, the highest volume of gold the New York Mercantile Exchange, it’s August contract rose 3.5 U.S. dollars to close at 1245.9 U.S. dollars per ounce, or 0.3%, The maximum value of 1248.8 U.S. dollars,and the minimum value of 1235.1 U.S. dollars, Throughout the second quarter up about 11.8%,the gold market chopped this morning,it is related to the mixed macro-economic report and other futures and stock market volatility.

The rise in the second quarter of this year means that gold price is good in the last seven quarters, gold prices close at 1.7% in the first quarter of this year, gold price closed low last quarter date back to the third quarter in 2008, at that time the gold price fell nearly 5%, gold price rose about 2.5% in all June, gold price goes up 3% in May and rose 6% in April ,but fell by about 0.4% in March.

Main silver futures contracts: September contract rose 1 cent to close at 18.65 U.S. dollars per ounce, main copper contract: September contract rose 2 cents to close at 2.95 U.S. dollars per pound, or 0.8%.

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