By Kitco News
http://www.kitco.com/
(Kitco News) -- The political unrest in the Middle East has seen governments act swiftly to try and snuff out any protests that could lead to large scale protests as seen in Tunisia and Egypt, said MKS. Without an end in sight, precious metals prices performed well over the last week and are expected to continue on that the upward trend. “The unrest is likely to see the precious metals and oil price well bid for the foreseeable future,” MKS said. Silver hit 31 year highs at $33.40, doubling its price from last year. Palladium touched a ten year high at $858.00 and gold has been trading over $1400.00. US markets are open tomorrow and the precious metals are expected to continue their bull run as safe haven buying, said MKS.
By Alex Létourneau of Kitco News
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