Middle East turmoil makes gold and silver soar
Turmoil in the Middle East sent gold and silver prices to record highs yesterday as investors sought safe-bet options. Gold rose to £918.70 an ounce at one stage during morning trading in Europe before falling back, while silver briefly hit an all-time high of £30 an ounce. Mining stocks will be boosted today in the London markets as dealers return to work. Standard and Poor’s downgrade to the outlook for US debt is also feulling the rise.
Related posts:
- Middle East and North African turmoil explodes the price of silver
- Gold Reaches Record High Due to Unrest in Middle East
- Middle East Change Gold Buying Habits
- Australian Mine Sees Output Soar
- Silver making a price boost?
Link to this article: : http://www.goldmadesimplenews.com/gold/middle-east-turmoil-makes-gold-and-silver-soar-3630/
Posted by Jayne Atherton on Apr 26 2011. Filed under Gold News, Silver News.
You can follow any responses to this entry through the RSS 2.0.
You can leave a response or trackback to this entry
Pingback: Tim Gieselman