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 Gold Stages Comeback On Weaker Dollar Says Pan American Metals Of Miami- Gold Stages Comeback On Weaker Dollar Says Pan American Metals Of Miami
- November 28, 2011
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Gold prices reacted strongly to renewed hope from Europe.
MIAMI, FL - Gold staged a further comeback this morning as rumors broke that a solution might have been found for Italy's debt problems. Yet rumors were enough to give a boost to the euro and an accompanying boost to gold, pushing it back up to $1715. The suggestion was that there could be a rescue package worth 600 billion euros from the International Money Fund. However, the European Commission has since denied these rumors. Meanwhile, talks continue between European leaders on creating greate...
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