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FSN: Gold And Silver To Recover In 2013- Reuters Precious Metals Poll
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
by Michael O’Brien
GoldCore
Today’s AM fix was USD 1,446.50, EUR 1,107.07 and GBP 937.64 per ounce. Yesterday’s AM fix was USD 1,424.50, EUR 1,095.52 and GBP 932.63 per ounce.
Gold climbed $15.50 or 1.09% yesterday to $1,430.40/oz and silver finished up 1.00%.
Gold climbed to its highest in more than a week on Thursday, boosted by physical demand from store of wealth buyers globally and from central banks.
Russia, Kazakhstan and Turkey raised their gold reserves in March, IMF data showed. Central bank gold buying is expected to increase as they see value in diversifying into gold after the recent sell off.
Premiums for gold bars soared to multi-year highs in Asia after a spate of physical buying ran down supplies, with dealers in top consumer India expecting a surge in imports this month.
Continue Reading at GoldGore.com…
2013-04-25 06:45:43
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