Gold [GCC1 1388.4 3.40 (+0.25%) ] and silver [SIC1 28.455 0.27 (+0.96%) ]continue to confound the naysayers, moving higher along with the U.S. dollar as investors flock to so-called safe haven investments.
AP |
Taking the pulse of the market, the overriding theme is fear of the crisis in Europe—here is some of the commentary:
Citing concerns about sovereign risk in Europe and the stand-off in Korea, Rohit Savant, Sr. Commodity Analyst at CPM Group says investors are buying "gold, silver, platinum in that order". And while there might be some profit taking into a rally, he says investors see sell-offs as buying opportunities.
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Gold, Silver and the Fear Factor - CNBC