Rus News Journal

The compromise on a state debt in the USA forces down the gold price

News that US authorities at last have agreed about increase of a limit of a state debt have played in the markets not only plus. The gold which has recently updated a historical maximum, starts to become cheaper now.

As inform RIA « News » the December future for gold during the auctions in New York at stock exchange Comex on 11. 36 Moscow time has fallen in price on 1,0 % - to 1616,2 dollars for trojskuju ounce. Following the results of the past week the precious metal has risen in price for 1,9 %, and following the results of July - on 8,5 %.

- Earlier gold cost reached record-breaking high marks in connection with the outlined impasse in negotiating process of US authorities. Now the agreement is reached, and the prices for metal are rolled away back, - results agency Bloomberg opinion of manager Yinjian Futures Co. Stephen Zhu.

the Rise in prices for gold in 2010 on 30 % became record, for the first half of the year 2011 metal has risen in price for 5,3 %. The ten years` period of growth of cost of metal became the most long period of increase in the price, at least, since 1920.