- By Bruce Sands Years of rising gold prices show little sign of slowing down amid what appears to growing concern in world markets about the euro zone and its debt problems. Earlier this month, gold prices hit new highs due to the mix of investor wariness and rising demand from emerging nations with active manufacturing and industrial sectors. Dealer gold and other precious metals have long been considered a traditional safe haven investment for times of questionable market stability. In fact, demand for gold could be headed far higher judging from some recent media reports. This may also bode well for other precious metals, including silver, platinum and palladium. For example, Bloomberg News recently said that speculators are buying gold faster than producers can mine it, and quoted Evan Smith of U.S. Global Investors Inc. as saying that "you could see gold go up another $1,000." Despite the uncertainty, Bloomberg also quoted Bryan Novak of SPDR Gold Trust as saying that "we're not negative on the economy now," and that "we want to be diversified in economically sensitive metals" because of the expanding economy in China and elsewhere.

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