Wednesday, February 11, 2015

House Prices in New Zealand v Gold, January 2015

A large movement in favour of gold in January 2015.

It now takes 58 gold ounces less (380) to buy the median priced Auckland house than it did in December (13%).





It now takes 45 gold ounces less (245) to buy a median priced house in New Zealand than it did in December (15.5%).

Gold in New Zealand dollars: $1674.64 per oz
Previous all-time high: $2311.02 per oz (15 Nov, 2011)
Low since previous high: $1477.01 (9 January, 2014)

Silver in New Zealand dollars: $22.97 per oz
Previous all-time high: $59.19 per oz (30 Apr, 2011)
Low since previous high: $22.26 (1 May, 2014)
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