Gold prices in world markets in November 1987

Publisher: I M F ; 18 December, 1987Description: 8Subject(s): <IMF> | <GOLD PRICES> | <WORLD MARKETS>Summary: This document gives an account of the decline and rise in the price of gold in world markets in the month of November 1987. The decline and rise in prices were due mainly to the decline in the value of the U.S dollar and the 1.9Summary: jump in the U.S. Commodities Research Board Index which, raised years of inflation and thus caused an increase in the demand for gold among investors. The document gives information on prices in spot markets and charts showing gold prices in London and Paris, a three six-month discount sales, weekly average future volumes on the New York COMEX and daily prices in major gold markets.
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This document gives an account of the decline and rise in the price of gold in world markets in the month of November 1987. The decline and rise in prices were due mainly to the decline in the value of the U.S dollar and the 1.9

jump in the U.S. Commodities Research Board Index which, raised years of inflation and thus caused an increase in the demand for gold among investors. The document gives information on prices in spot markets and charts showing gold prices in London and Paris, a three six-month discount sales, weekly average future volumes on the New York COMEX and daily prices in major gold markets.

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