Week ended 18 April 2009 – Markets, Commodities and currencies

Posted by admin on 19 April, 2009 under Weekly business news summary | Be the First to Comment

The most notable change happening right now is the fall in the gold price and for the fourth week in a row the price has fallen and fell a further 1.5% this week to end the week at $869.80.

Since our week-end report of 21 March 2009 when the gold price was $954.20, it has fallen by 8.8%.

All the share indexes were in positive territory this week too, with all our reported indices closing up on the week.

End of the week saw:
Stock exchanges:
FTSE 100: 4,093
DOW: 8,131
S&P: 869.60
Nikkei: 8,908

Currencies
UK Sterling £ to US Dollar $ 1.47845
UK Sterling £ to Euro € 1.13395
UK Sterling £ to Japanese Yen 146.744
UK Sterling £ to Aus $ 2.05083
US Dollar $ to Euro € 0.767224
US Dollar $ to Japanese Yen 99.2556
US Dollar $ to Aus $ 1.38715

Commodities
Nymex Crude oil – $50.19
Gold – $869.80