The price of gold: what are the perspectives?

If you're interested in precious metals, it means that you follow such an important index as the price of gold. As it's known it could be capricious and changeable, but after all the owners of yellow metal are satisfied with the price increasing and it allows to make good money on changes. In this article we will answer the questions on the price of gold which are asked by existing and potential owners of gold in the conditions of the intensity which has arisen round this metal.

What happens to the price of gold in the current operations market at present? A new cycle of the "bull" market began, and it means that price of gold can reach the maximum soon. Let's remind that in the first half of the current year price of gold surprised investors with a swift falling – ones were shocked, others were pleased, but precisely there were no indifferent. In summer 2013 the price of gold grew by 22% in comparison with the price fixed earlier, but experts are inclined to consider it as an intermediate indicator. Today we have such analytical data: the sliding average price of gold in two hundred days makes 1425 dollars for one troy ounce, the resistance line – 1415 dollars.

What is the experts' forecast on the price of gold?

The illustration of the fact, that price of gold strengthened its positions and took a steady course on increasing, there will be the reality that price of gold keeps within marks of 1390-1395 dollars per a troy ounce. In this case there will be a basis to believe that the price of gold will reach the following critical point – 1522-1527 dollars per a troy ounce. After passing of this indicator the price of gold can grow to 1560-1590 dollars per a troy ounce. The only obstacle for the forecasts to be realized – the price of gold fallen to a mark of 1360-1350 dollars per a troy ounce.

What are the actions of investors?

Actions the investors can do in such a situation – to follow the changes of yellow metal and take correct decisions regarding its purchasing and selling. As it's known, it is rather more favorable to do investments into the period when the price of gold is being reduced or is being taken its low positions. As for sale of precious metal, his owners make the decision depending on the financial condition and various individual factors.

The best decision for savings and increasing of the means – cooperation with the company providing all conditions for decrease in risks, connected with investment, and opening possibility of stable earnings by information activities. Such a company is Emgoldex, it deserves trust, it works for a long time, under its supervision one thousand partners from the different countries in the world made a successful career.

Good luck to You! (Your company EMGoldex)