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Are gold and silver investing safe-Havens again?

Posted on 27 October 2011

Over the past month, gold and silver have remained in a trading range. Gold had difficulties breaking through $1,700, while silver lost momentum as it rose near $33. However, recent developments such as Greece deadlocks and US debt worries have once again returned gold and silver to their rightful safe-haven status.
Gold and silver never really lost their safe-haven status per se, but traders were not treating the metals as such. Gold and silver were caught in the tide with equities………………………………………..Full Article: Source


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This post was written by:

VRS - who has written 38189 posts on Opalesque Commodities Briefing.


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