Saturday, 30 April 2011

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Inflation worries send gold and silver higher

  • Saturday, 30 April 2011
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  • The dollar's downward spiral and concerns about inflation pushed gold and silver higher this week as investors clamoured for an alternative store of value. Gold notched a record high above $1,569 per troy ounce, rising 4.1 per cent on the week. Silver climbed 3.9 per cent on the week, touching a 31-year peak above $49 per ounce that was just shy of the $50 nominal record reached during a



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