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  • Gold Rises Again on Safe-Haven Demand says Pan American Metals of Miami
  • November 08, 2011
  • Papandreou agrees on a compromise while Berlusconi remains in danger.

    MIAMI, FL - Gold rose sharply again overnight as Greek Prime Minister George Papandreou agreed on a compromise to ensure the bailout would proceed. Mr Papandreou agreed on a deal to form a coalition government, and to step down as premier, in order to allow the agreed bailout to go ahead. Uncertainty continues, however, as Italy also finds itself in a similar situation, driving up gold based on safe-haven demand.

    A solid majority of market experts, surveyed Friday, anticipated that gold price...
  • View more at: http://www.1888pressrelease.com/gold-rises-again-on-safe-haven-demand-says-pan-american-meta-pr-348481.html