Mon, Oct 20, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Bullion/Gold more

For Asia, silver may be ‘the new gold’

Posted on 06 October 2011

Gold has risen for a fourth day as investors bargain-hunt and safe haven buyers continue to accumulate. The flight to cash trade seen recently, due to margin calls and sharp losses in other markets, appears to be over.
Gold’s resilience Monday and Tuesday, despite sharp falls in equity markets on deepening concerns of banking and sovereign contagion, is impressive. Physical bullion buyers remain focused on gold’s long-term fundamentals and its value as a safe haven asset……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 37533 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031