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Home | Gold Comes Under Pressure From Strong Dollar and Profit Taking but Long-Term Outlook Remains Positive says Pan American Metals of Miami

Gold Comes Under Pressure From Strong Dollar and Profit Taking but Long-Term Outlook Remains Positive says Pan American Metals of Miami

January 26, 2012
Gold experiences some downward pressure but is still set fair to reach $2000 an ounce later this year.

MIAMI, FL - Gold continued to come under pressure, Wednesday, from a stronger dollar and profit taking. In the short term, continuing concerns over the euro zone crisis, resulting in a rush to the dollar, are likely to keep a cap on gold's upward surge. In the long-term however, we are likely to see...
Read more at:http://www.1888pressrelease.com/gold-comes-under-pressure-from-strong-dollar-and-profit-taki-pr-368802.html

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