\25 Press Releases\
November 07, 2011 - Gold Rises Again on Safe-Haven Demand says Pan American Metals of Miami
Papandreou agrees on a compromise while Berlusconi remains in danger.
MIAMI, FL, November 7, 2011, Gold rose sharply again overnight as Greek Prime Minister George Papandreou agreed on a compromise to ensure the bailout would proceed. Mr Papandreou agreed on a deal to form a coalition government, and to step down as premier, in order to allow the agreed bailout to go ahead. Uncertainty continues, however, as Italy also finds itself in a similar situation, driving up gold based on safe-haven demand.
A solid majority of market experts, surveyed Friday, anticipated that [url=http://www.panamericanmetalsofmiami.com]gold prices[/url] would rise again this week buoyed by both physical and safe-haven demand. As the Greek fiasco still plays out, eyes are already turned to Italy, which seems to be facing a ...
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