Wednesday, June 8, 2011

Gold and Currencies Revisited

Here is a chart of how gold has performed against other currencies over the last 10 years against a the most traded currencies.

Gold's percentage change against 9 major currencies (courtesy of goldmoney.com)
This is a visual reminder of how gold preserves the purchasing power of whatever currency you happen to earn from your hard labour.

Gold in New Zealand dollars: $1882.27 per oz
Previous all time high: $1955.10 per oz

Silver in New Zealand dollars: $45.47 per oz
Previous all time high: $48.58
per oz
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The Anglo-Far East Company
The Original Private Bullion Custodian
Your reference: an-001
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