Safe-Haven Demand Surges as EZ Crisis Emerges
BonTradePrecious metals were under the spotlight yesterday with gold making a new record high and silver breaking above 30 for the first time in 30 years. The rallies were driven by renewed demand for safe-haven assets as the Fed signaled further QE measures are possible and Germany refused to expand the size of the bailout package. China's comments on Korean tensions also triggered worries.
