Pan American Metals Pleased to Announce Gold and Silver Once Again the 'Safe Haven' Choice
Market reports May 24 showed that gold and silver had regained their standing as 'safe haven' investments, with gold remaining comfortably above the $1500 an ounce benchmark, closing the day at $1523, the highest price for three weeks. Silver has also bounced back to close, May 24, at $36.12. Mounting concerns over European debt following rumors of a Greek default helped drive investors back toward the 'safety net' of precious metals. The UK, Italy, Spain and Portugal were causing concern as they faced reduced credit ratings and, in the case of Spain, a change of government. ...








