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 Gold Futures Rise; Further Gains for Gold Predicted says Pan American Metals of Miami- Gold Futures Rise; Further Gains for Gold Predicted says Pan American Metals of Miami
- November 12, 2011
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Gold futures rose 1.6% today based on a weaker dollar and buying from bargain hunters.
MIAMI, FL - Deutsche Bank also predicted further gains in the price of gold in the near future, suggesting that the present trend for central banks to buy gold bullion is contributing to its rise. The central banks of many emerging economies have been stockpiling gold in recent months, further weakening people's faith in paper currencies.
As the European crisis plays out, the focus remains on Italy but there are rumors that provision might be made for some countries to leave the euro zone, a ...
- View more at: http://www.1888pressrelease.com/gold-futures-rise-further-gains-for-gold-predicted-says-pan-pr-349685.html
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