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ABC News reports that precious metal prices are rising because of worries about inflation and Europe’s debt crisis.
ABC News reports that precious metal prices are rising because of worries about inflation and Europe’s debt crisis.
The market news is quoted as saying:
Gold and silver prices have surged over the last year as investors sought protection against inflation and volatility in currency markets. Concerns about Europe’sfinancial system flared again Monday when Portugal’s borrowing rates spiked.
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COMMODITIES
| Commodities | |||
|---|---|---|---|
| Gold | 2379.34 | +11.68 | |
| Silver | 28.46 | +0.25 | |
| Copper | 4.44 | +0.08 | |
| Oil | 81.89 | -0.80 | |
| Heating Oil | 2.54 | -0.04 | |
| Natural Gas | 1.76 | +0.05 | |
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