New York futures for gold, copper tumble on WSJ tariff report
Premiums for gold traded on the US-based Comex over the London spot market halved following the news report, to around $20 an ounce.
The BBC provides a brief yet fascinating glimpse into the secretive world of the Swiss gold refining industry, where two-thirds of the world’s gold is processed.
Switzerland’s gold refining industry is set to flourish in 2013, with the precious metal hovering at record highs and many predicting a “golden age for gold” due to increased investor concern over the health of the global economy.
Clip courtesy of the BBC and Youtube
