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Gold and silver edge higher as investors shift focus to euro zone

January 18, 2012 Gold News, Silver News No Comments

Gold and silver are edging slightly higher this morning, but both are short of the one month high hit in yesterdays session on an improved global economic outlook, investors have shifted focus once again to the troubles of the euro zone.       

Gold rallied with riskier assets on Tuesday as data from China, Germany and the United States soothed anxiety over the global economy and fuelled bets on equities, commodities and the euro.            

Though markets held steady, the euro zone debt crisis remains a major concern, with Greece resuming talks over a debt swap deal with its creditor banks and Portugal testing investor appetite with a debt auction today.

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