Now that the final FIX is in on London gold for 2009 the average Q-4 gold price is 1,100.096 US dollars per ounce.
2008 Q-1 average was --- $ 923.60
2008 Q-2 average was --- $ 896.15
2008 Q-3 average was --- $ 870.90
2008 Q-4 average was --- $ 798.39
2009 Q-1 average was --- $ 907.805 up 13.704% from prior quarterly average.
2009 Q-2 average was --- $ 921.087 up 1.463% from prior quarterly average.
2009 Q-3 average was --- $ 959.924 up 4.217% from prior quarterly average.
2009 Q-4 average was --- $ 1,100.096 up 14.602% from prior quarterly average.
Average gold price for 2009 is $ 972.228 vs. 872.26 for 2008 and increase of 11.46%.
Inflation's ultimate barometer.
Thanx Scruff
RUF
