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5/29/11

Gold Gain Momentum, Translucent $ 1,530?

Gold GuilderImage via WikipediaMonexnews - Gold continued movement of rising on Friday,weakening U.S. dollar triggered a series of post-release economic data is not good, plus the growing interest of investors to hunt forthe precious metal as a safe haven amid fears of Greek debt.


Bullion has risen more than $ 10 since the opening, to touch thenew top level 3 weeks at $ 1,535 per ounce. Currently gold is stilltrading near the highest price in the range of $ 1,533 per ounce.

While Silver managed to return to the area of ​​$ 38.00 after a slipfrom a high-level 2-weeks to the area of ​​$ 36.25 on Thursday.Currently, Silver is offered in the range of $ 37.90, or 1.6% moreexpensive than the opening price, having previously had touchedthe highest price at $ 38.19 per ounce. (Vid)
source: monexnews.com
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