“Gold Is A Physical Safe Asset” Says Central Bank of Korea

http://newsdoors.blogspot.com/2012/12/gold-is-physical-safe-asset-says.html

“Gold Is A Physical Safe Asset” Says Central Bank of Korea

Gold fell $18.50 or 1.08% in New York yesterday and closed at $1,696.70/oz. Silver slid to as low as $32.66 and finished with a loss of 1.88%. Gold futures selling after midnight in New York, when European and American traders are away and Tokyo's gold trading is quiet after lunch, drove prices down $10/oz in only one minute. More than 3,000 gold-futures contracts changed hands at 12:47 a.m. New York time, and the market's quick slide triggered an automatic, 20-second trading halt in February gold futures, said the operator of the Comex.

http://newsdoors.blogspot.com/2012/12/gold-is-physical-safe-asset-says.html