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NOK depreciates after rate cut

Published by Kirke Sööt in category News on 29.09.2015
Gold price (XAU-NOK)
14 656,90 NOK/oz
  
- 270,30 NOK
Silver price (XAG-NOK)
213,88 NOK/oz
  
- 2,98 NOK

Last week Norges Bank cut interest rates to a record low 0,75% due to concerns about the Norwegian economy and global growth.  Since the rate cut NOK has depreciated around 3% against major currencies.  At the same time gold spot price in NOK has risen around 2,5% to 9.700kr.

For more information click on the link www.dn.no

Gold price (XAU-NOK)
14 656,90 NOK/oz
  
- 270,30 NOK
Silver price (XAG-NOK)
213,88 NOK/oz
  
- 2,98 NOK

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