Thursday, December 31, 2009

Happy New Year

I want to wish everyone a Happy New Year as this one winds down. I started only recently, and appreciate you reading this blog as only a new-entrant can. My hand should become surer as time wears on.


For gold, it's been quite the happy old year. According to the blog "Gold Prices Today," the afternoon fix for gold on Dec. 31st, 2008, was $856.40. There was no afternoon fix this year, but spot gold has closed out at $1,096.50. That makes for a gain of $240.10, or 28.0%, during a tumultuous but exciting year for the metal. Gold did better than the Dow's 18.8% gain on the year, and the S&P's 23.5% gain.


It's now over. Undoubtedly, 2010 will bring more surprises, but now's the time to set all that aside (except for dedicated workaholics.) All the best for this eve.

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