Member of the LBMA
Independent Authority for precious metals
Gold has climbed to a 10-month high this morning of $1,909.96, following a further slow down to the rate of inflation in the US. Annual CPI figures came in at 6.5% for December following 7.1% inflation in November.
The People’s Bank of China have recently announced two large purchases of gold to add to the country’s already significant holding for their reserves.
