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  • Bill Hionas Says Macroeconomic Situation Offers Support to Gold and Precious Metals as Safe Haven
  • August 23, 2011
  • Many factors combine to drive investors to perceived safe haven of gold and other precious metals.

    MIAMI, FL - Gold's meteoric rise is set to continue for some time yet, given the macroeconomic situation. Gold prices have skyrocketed recently due to safe haven investment demand with gold being almost $1900 an ounce today, August 22. Platinum has also risen to over $1900 and silver to over $44. Even palladium, which has been fairly stagnant, is trading up today.

    There are many factors boosting gold, and other precious metals. In Europe, German Chancellor Angela Merkel is resisting market pr...
  • View more at: http://www.1888pressrelease.com/bill-hionas-says-macroeconomic-situation-offers-support-to-g-pr-328883.html