There is currently a great demand for silver and gold. People are
looking for a safe haven for their money.
The gold and silver prices have reached a new high. An ounce of gold
(approximately 31.1 grams) were on the 7th December 2010 worth around
€ 1072.03 (almost $ 1,430). The 250-gram gold bullion currently costs
around € 8000, € 32 000 per kilogram. Silver managed the mark of 30
U.S. dollars effortlessly ounce. The main reason for this increase
are, according to experts, the debt crisis in Ireland and Greece and
the U.S. monetary policy.
Investors want to hedge against inflation risk
As long as economic crises threaten the investors will continue to
focus on silver and gold. The investors want to hedge against
inflation risk. The gold price trend in recent years to give investors
the right. The gold price has verzweifacht in the past three years
more than. Experts expect that the price will rise to the ounce of
gold due to inflation in 2012 to $ 2,400.
