Home | September 2011News | Pan American Metals of Miami says Gold Strong on Safe Haven Buying as August Draws to a Close |
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Pan American Metals of Miami says Gold Strong on Safe Haven Buying as August Draws to a Close
- Pan American Metals of Miami says Gold Strong on Safe Haven Buying as August Draws to a Close
- September 02, 2011
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The gold price is being driven by macroeconomic concerns.
MIAMI, FL - As we reach the end of August, and arguably the end of summer, gold bullion continues its bumpy ride; up, down, up again, but does seems a tad more settled in the low $1800s. It is fair to assume that the gold price is being largely driven by demand for a safe haven and this demand fluctuates according to whatever the latest news, or rumor, is on the global economic and political scene.
However, we should bear in mind that gold has risen around 12% this month alone, compared with ...
- View more at: http://www.1888pressrelease.com/pan-american-metals-of-miami-says-gold-strong-on-safe-haven-pr-331745.html
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