Gold News

Fresh wave of Gold Investment could be imminent, says expert

The commodities market could be set for a fresh wave of Gold Investment, it has been suggested.

That is according to Rhona O'Connell, managing director of GFMS Analytics, who believes that monetary instability could impact investors' purchasing decisions, with an increased number opting for the relative safety of Buying Gold, according to Business Standard.

She told the news provider: "I would not be surprised if we have another wave of interest in gold as investors are bound to be concerned about currency volatility."

It has been suggested that demand for the precious metal could remain even if prices begin to fall, with some investors identifying such a drop as a chance to Buy Gold at a cut price, potentially securing larger future gains.

CNN Money said: "The decline in gold prices may be an opportunity to buy, some analysts [suggest]."

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