The G20 summit's long-term impact is unclear, with the conclusion offering a broad statement of intent rather than immediate or novel solutions to the recessionary malaise affecting nations around the world. Players in the consumer markets must determine what was offered, both in terms of changes affecting business conduct, and those that could have an impact on consumer confidence and finances.
April, 13, 2011, Los Angeles - After hitting a new all-time high of $1,476.21 an ounce early Monday morning, the price of Gold slid another 0.66 percent or $9.70 to close at $1,452.70 an ounce on Tuesday but analysts still remain extremely bullish towards Gold
April, 14, 2011, Los Angeles - Gold bullion prices rose 0.31 percent or $4.50 to close at $1,457.20 an ounce on Wednesday as the dollar held near 16 month lows against a basket of major currencies and the euro traded just below 15 month highs after the European Central Bank raised interest rates on Thursday for the first time in three years.