i have been wondering how did they know the price of gold is at certain amount and sometimes it goes up or down. then this price is being used throughout the whole world.. its amazing how this world commodities are being determined by a few people….who determine the price? how they did it?
Gold prices managed to carve out a small gain Tuesday, while other commodities fell after the latest economic data signaled that the recovery will be slow.
Commodities: Oil Down, Gold Up E-mail User Rating: / 0 PoorBest Commodities – Commodities Roundup Written by Richard Monday, 23 November 2009 12:45… … Big US refiner , Valero Energy Corp, said on Friday that it will permanently shut its refinery in Delaware City, Delaware, because of weak economic conditions. The move should have sent oil prices higher, but it is yet another sign of how the reality of the weak US economy and how the oil industry is struggling against …
Commodities: Oil Down, Gold Up E-mail User Rating: / 0 PoorBest Commodities – Commodities Roundup Written by Richard Monday, 23 November 2009 12:45… … Big US refiner , Valero Energy Corp, said on Friday that it will permanently shut its refinery in Delaware City, Delaware, because of weak economic conditions. The move should have sent oil prices higher, but it is yet another sign of how the reality of the weak US economy and how the oil industry is struggling against …