Both gold and silver were on the rise today as investors returned to their “safe haven” buying.  Gold was up to just over $800 for a brief period today, closing at around $790 while silver ended 5% up at $9.48 per ounce.

Gold and silver are expected to continue to rise in the weeks to come, owing to the fact that investors have a renewed sense that the precious metals trade is possible the most stable and lucrative on that market currently.  

Read the full article here.

Tags: gold, gold as a safe haven, precious metals, silver

This entry was posted on Friday, November 21st, 2008 at 12:27 pm and is filed under Economy. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.