Sunday, January 15, 2012

Gold Correction Chart - 1980 vs 2011

Daily, London PM Fix

January 21st, 1980 (Peak) - US$843
March 18th, 1980 (Low Point) - US$474 (-43.77%)

September 5th, 2011 (Peak) - US$1896.50
December 29th, 2011 (Low Point) - US$1537.50 (-18.93%)

CLICK CHART TO ENLARGE

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2 comments:

  1. seems to almost be settling onto the USD1660 to me, but of course I'd be happier if it went through the roof

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  2. Correction (from September 2011 peak) could be over, hopefully we are on our way to higher prices...

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