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  • Pan American Metals of Miami says Gold's Rise Tempered by Stronger US Dollar
  • October 17, 2011
  • All eyes are on European situation in the coming week.

    MIAMI, FL - As predicted gold prices rose slightly today, October 17, trading within reach of $1700 at one point, though the price rise was tempered by a stronger dollar. European leaders have little time left to come up with an acceptable plan to recapitalize banks and bail out Greece. The €109 billion originally slated for Greece is now seen to be insufficient and those holding Greek debt will have to accept losses.

    The European situation will likely be at the forefront of investors' minds ...
  • View more at: http://www.1888pressrelease.com/pan-american-metals-of-miami-says-gold-s-rise-tempered-by-st-pr-343261.html