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Gold Rallies Strongly on Safe-Haven Demand
- Gold Rallies Strongly on Safe-Haven Demand
- October 26, 2011
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Gold prices bounced back today, touching $1700.
MIAMI, FL - Gold prices soared upwards again today, based - apparently - on safe-haven demand. Interestingly, we commented only yesterday that we were not seeing safe-haven demand, despite doubts and uncertainty concerning the global economy, and that this was out of character for gold. It seems that gold may well have rediscovered its safe-haven status. It will be interesting to see if gold can maintain this new price, reaching, as it is, towards $1700 again. A break through the $1700 barrier w...
- View more at: http://www.1888pressrelease.com/gold-rallies-strongly-on-safe-haven-demand-pr-345675.html
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