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Saturday, December 11, 2010

Golden Times :: euro zone sovereign debt woes still on.

...Silver, gold prices up on global crisis fears







RussiaToday | November 09, 2010 - Gold and silver surged to a record high fueld by inflation and euro zone sovereign debt woes. Gold is hovering around peak levels- exceeding the 14-hundred-dollar-per-ounce mark. Silver is also maintaining its gains, having risen to a 30 year peak. Analysts say the demand for precious metals could continue to climb - amid low interest rates, the European sovereign-debt crisis, and jitters over the global economic slowdown. RT discusses the issue with Manoj Ladwa, Senior trader at E-T-X Capital, who is in London.