The price of gold shows a positive trend!

(EMGoldex news)

Recently, the market experts unanimously agreed that the gold price at the moment is growing steadily and is expected to grow at least the next week. This is facilitated by a weaker dollar and expectations regarding the preservation of the loose monetary policy of the Federal Reserve System. Confirmation that the price of gold goes up, the results are tender. Over the past three weeks, the price of gold has risen by nearly 10% and exceeded the level of $ 1,330 per troy ounce. Thus, the market reacted to the Fed's statement on reducing incentives only if there are clear signs of recovery in the U.S. economy.

Director of ETF Securities Australia and New Zealand's Danny Leydler believes that investors are not so pessimistic as before. He also noted the slowdown in outflows from exchange-traded funds backed by gold (ETF). For example, stocks of SPDR Gold Trust - one of the largest funds - fell to its lowest volume in four years at 927.36 ton. As for Leydlera, like other investors, gold is still interesting as an object of investment.

The price of gold is supported by strong demand for the yellow metal in the physical market of China. The Shanghai Gold Exchange has presented data showing that shipments of precious metals since the start of this year amounted to 1 198.40 tonnes, while for the whole of last year was delivered 1,140 tons.

Once again we see that no matter what the price of gold, and which would not have made predictions of experts and analysts, and the yellow metal has been and will be a symbol of reliability and steadfastness. With this agreement the company's partners Emgoldex, which not only successfully retain their savings by buying gold bullion, but also earn good money. If you want to make a profitable investment and not worry about what will be the price of gold, join Emgoldex.

понедельник, 14 октября 2013 г.