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Follow on Google News | Albanian Minerals: Oil, gold and silver prices jumped in global marketsAlbanian Minerals President and CEO Sahit Muja said "Oil, gold and silver demand in China and India has soared to the highest levels this year".
Oil prices rose to $96.93 up a barrel today in global markets supported by news on increasing consumption. Gold prices up $ 17.10 to 1529.40 for a troy ounce. Silver prices rose to $ 35.92 a troy ounce. The global economic growth and increasing demands is supporting oil , gold and silver prices. Gold , oil and silver prices rebounding due to an improving global economic outlook after a U.S. index showed the manufacturing sector rose in June. The U.S. manufacturing also raised hopes of strong economic growth in the world's largest oil consuming nation. China and India oil, gold and silver demand has a sharp increase this year. Albanian Minerals President and CEO Sahit Muja said "Oil, gold and silver demand in China and India has soared to the highest levels this year". "Emerging economies in China and India will contribute significantly on demand growth for oil, gold and silver. "Also the increase of investments in gold and silver will help in the demand and prices" . Mr Muja said "Oil demand growth from developed parts of the world such as the U.S., Japan and the European Union continues to recover. Demand for oil, gold and silver will continue to increase". Albanian Minerals # # # Albanian Minerals is Metal Mining and trading Company one of fastest growing mineral company in Europe End
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