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 Precious Metals Show Gains on Weaker Dollar and Renewed Confidence in European Economy says Pan American Metals of Miami- Precious Metals Show Gains on Weaker Dollar and Renewed Confidence in European Economy says Pan American Metals of Miami
- October 13, 2011
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Gold rallies strongly on favorable reports from Europe.
MIAMI, FL - All the precious metals traded significantly higher again today on a weaker dollar and more encouraging news from Europe. Belief that a viable plan to recapitalize European banks is in place has lent support to the stock market and to gold also. A weaker US dollar also makes gold more affordable in other currencies and therefore helps buoy prices.
Investors, brokers and fund managers, who may have been frightened away from gold when it tanked spectacularly in late September, are m...
- View more at: http://www.1888pressrelease.com/precious-metals-show-gains-on-weaker-dollar-and-renewed-conf-pr-342283.html
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