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 Pan American Metals of Miami Reports on All-Time High for Gold- Pan American Metals of Miami Reports on All-Time High for Gold
- August 17, 2011
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Gold reached all-time high last week but is still soaring upward.
MIAMI, FL - The price of gold reached an all-time high last week at $1817 an ounce and, despite a short-term correction, prices are soaring upwards again today, August 16, as gold trading hit four times the normal volume on safe haven demand. However, market analysts suggest that gold should go far higher; in fact $2500 an ounce would be realistic when prices are adjusted for inflation. This suggests that $2500 is a price the market could be seeing in the very near future.
Analysts also sugge...
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