G-Resources Group HK 1051 Annual General Meeting ?????? ...
G-Resources Group HK 1051 Annual General Meeting ?????? ...
G-Resources Group HK 1051 Annual General Meeting ?????? ...
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Gold – The Perfect Metal<br />
► Gold – a commodity, a currency, a store of value, a hedge against inflation, a hedge against geopolitical and<br />
financial uncertainty<br />
► Buoyant gold market to continue<br />
Gold Historical & Forward Price<br />
US$ / oz<br />
1,100<br />
1,000<br />
900<br />
800<br />
700<br />
600<br />
500<br />
400<br />
15<br />
1,080<br />
1,044<br />
996 1,014<br />
300<br />
Jan-04 Jul-04 Jan-05 Jul-05 Jan-06 Jul-06 Jan-07 Jul-07 Jan-08 Jul-08 Jan-09 Aug-09 Sep-09<br />
Jan-10 2010E 2011E Jul-10 2012E Jan-112013E Jul-11<br />
Spot Forward<br />
Source: Bloomberg as of 25 September 2009<br />
Forward Curve from<br />
Bloomberg based on gold<br />
spot price as of 29 Sept 2009
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