April 2011

Gold and Silver Price Update – Inflation concerns driving price of precious metals upwards

Gold prices are heading towards the biggest weekly gain of the year. Immediate delivery gold was priced at USD $ 1466.80 an ounce, registering a change of 0.51 percent. Concerns about rising inflation, and the situation in Libya and Japan were the factors contributing to gold’s price gains. Inflation concerns was the major factor contributing…Read more