Analyst: Safe-haven demand supports gold and silver futures prices to rise this week

Odaily Planet Daily News: Gold and silver futures are expected to rise this week. The near-month gold futures contract increased by 1.4% this week, marking gains in 8 of the past 10 weeks. The near-month silver futures contract rose by 1.5% this week, ending a two-week decline, with 11 of the past 15 weeks showing gains. Antonio Di Giacomo from XS.com stated in the report that despite volatility in the precious metals market, demand for safe-haven assets remains, supporting the rise in gold and silver prices. (Jin10)

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