Gold from different perspectives

Hat tip to mineweb website for a story on the price of gold in other currencies. The dollar price is rising but we are not near the highs for producing and consuming countries.


The first graph shows the value of gold in dollars (red) , euros (grey), and yen (green). Clearly, the dollar price has exploded relative to euro and yen. The second graph shows prices in the currency of large buyers Turkish lira (red), Rupees (grey), and Riyal (green). We are not at the highs in price. The increases tell us why gold demand is down with some consumers.

The third graph shows the value in producing country currencies. Aus dollar is in (red), Canadian dollar (grey) and Rand in green. The producers have seen falling gold prices not near the record highs in dollars.