16.01.2009 - Gold and silver trading at record levels in 2008
Gold and silver trading has posted record activity since the start of the credit crisis according to IFSL’s Bullion Markets 2009 report. The traditional “safe-haven” appeal of precious metals has attracted many investors to this asset class. Gold turnover increased 58% in 2008 to a record $20.2 trillion. Silver trading increased 39% during the year to a record $2.6 trillion. The growth in turnover was partly due to an increase in prices of precious metals during the year with gold posting an all time high in March of $1,011 per ounce..... Full Press Release: Source
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