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 Gold Continues to Rally on Safe-Haven Demand says Pan American Metals of Miami- Gold Continues to Rally on Safe-Haven Demand says Pan American Metals of Miami
- October 17, 2011
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Macroeconomic factors are supportive of increased prices for gold.
MIAMI, FL - Gold prices continued to rise again today and are slated to be even higher next week. Apart from the ongoing crisis in the euro zone, economic news from the US this week was the worst since September 2010. According to the Weekly Leading Index growth indicator of the Economic Cycle Research Institute (ECRI), the US posted the weakest growth figures in 57 weeks, with a reading of minus 9.6%; this in itself should be enough to set investors clamoring in search of a safe haven. The ECR...
- View more at: http://www.1888pressrelease.com/gold-continues-to-rally-on-safe-haven-demand-says-pan-americ-pr-342845.html
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