GOLD 0.51% $1,391.7 gold futures

swiss peg frac to euro, page-3

  1. 7,590 Posts.
    PRECIOUS-Gold falls from record after Swiss peg franc

    http://www.reuters.com/article/2011/09/06/markets-precious-idUSL5E7K61LI20110906

    "Particularly for investors with proportional assets in Swiss francs, this will strengthen the appeal of gold relative to the Swiss currency. It has to be seen as bullish certainly from the private bank side of the gold market," said Credit Suisse analyst Tom Kendall.

 
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