- Published: Tuesday, 28 December 2010 04:26
- Written by John Miller
Since the start of 2008, just before the GFC, gold has stood tall above most other major asset classes, appreciating by 67% while equity markets, are still in negative territory. Copper has challenged, being up 35% but another precious metal, silver, has won the race and is up by 96%.
At the end of 2010 gold continues to set new records and recently set a new high of US$1423.75 an ounce. Overall, the gold price is up 11% in the last three months, and in the last 12 months it is up by 24%. Silver has soared 64% in the same period.