slide1 l.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
Precious Metals Recover as Dollar Weakens says Pan American PowerPoint Presentation
Download Presentation
Precious Metals Recover as Dollar Weakens says Pan American

Loading in 2 Seconds...

play fullscreen
1 / 2

Precious Metals Recover as Dollar Weakens says Pan American - PowerPoint PPT Presentation


  • 180 Views
  • Uploaded on

(1888PressRelease) Gold climbs back up again; white metals gain also.

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'Precious Metals Recover as Dollar Weakens says Pan American' - albertoste


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
slide1

Precious Metals Recover as Dollar Weakens says Pan American Metals of Miami

(1888PressRelease) Gold climbs back up again; white metals gain also.

MIAMI, FL - At the time of writing gold prices are making their way back up the roller coaster again, having climbed back to around $1640; analysts who warned of continuing volatility, perhaps through the end of the year, were clearly correct. It does seem, however, that this is a less spectacular roller coaster, perhaps the tamer version designed for small children. This has not been the best week for gold, certainly, but it does appear to be traveling within a smaller range, staying in the $1600s - for now at least. At the lower end of this range we should expect to see bargain hunters moving in and picking up some very good deals.

The jewelry industry is having a harder time of it with the higher gold prices. A necklace or bracelet that would have retailed two years ago for, say, $1000 would now cost at least $2000. While there will always be a luxury market for jewelry, the average purchaser is not necessarily prepared to pay these prices; consequently, jewelers are using more and more alloys and cheaper substitutes for gold. Palladium and silver will likely be the biggest beneficiaries of this trend.

Palladium actually showed the greatest gains today, percentage wise; if gold were to rise by the same percentage, it would be well over $1700. Supplies of palladium are looking less assured in the near future and it has considerable demand from the jewelry industry as an alternative to gold or platinum.

Silver is also making significant gains, up over 2% today. Silver will benefit from a stronger economy due to industrial demand while also attracting some safe-haven demand as a cheaper alternative to gold.

Pan American Metals of Miami, under the leadership of Bill Hionas, is a precious metals brokerage located in Miami, at the financial hub of North and South America.

About us:

slide2

Pan American Metals of Miami, LLC is a group of traders, investors and account executives that combines many years of experience to help clients invest in bullion. PAMM provides an individual investment service and is based in Miami, Florida for convenient access to both North and South American investors.

Website: http://www.panamericanmetalsofmiami.com

Press Contact

Debbie Bailey

Executive Administrator

Pan American Metals of Miami, LLC

Email: dbailey ( @ ) investpanam dot com

Website: http://www.panamericanmetalsofmiami.com

Source:

http://www.1888pressrelease.com/precious-metals-recover-as-dollar-weakens-says-pan-american-pr-344796.html