Tuesday 8 May 2012

Sterling gold falls under £1000 oz for first time since 2011

The price of gold has fallen below £1000 per ounce (oz) today the lowest its been since 2011.

Gold spot price over the last six hours

According to the gold spot price provided by BullionVault while gold was selling at just above $1,600 per oz the sterling price fell to just over £992 per oz (later under £990 as per chart above).