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Silver and Gold Rocket to New Highs in India

Silver and gold prices rocketed to new record high levels in India over the weekend as seasonal demand for the precious metals spiked to record levels.

 
PRLog - Mar. 7, 2011 - Silver and gold prices rocketed to new record high levels in India over the weekend as seasonal demand for the precious metals spiked to record levels. The highs in India could predict strong metals prices in the United States this week.

The price of gold coins and silver coins have accelerated over the past few days as tensions in the Middle East and North Africa increase the global economic uncertainty. Along with the financial issues around the world, increasing industrial demand for silver is also pushing up the price of the metal, as well as its sister precious metals in rapidly growing countries such as India and China.

In the United States, the price of gold coins were up to a record high over $1,440 an ounce while silver coins pushed forward $1 per ounce to $35.33 per ounce. The price of silver was sitting at a 31-year high at the same time that mints around the world are reporting record sales of silver coins. It was up 7.4% last week.

Global Gold Group can help investors leverage their portfolio to take advantage of the strong price increases in gold coins and silver coins. To get a free Investment Gold Guide, please check out their website at http://www.aglobalcurrency.com.

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Source:Global Gold Group
Country:United States
Industry:Jewelry, Internet, Finance
Tags:gold, buy gold, invest in gold, invest in silver, price of gold, price of silver, silver coin, gold coin, ounce, metal
Shortcut:prlog.org/11357945
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