Gold News

Gold Investment is top money-maker of the decade

Gold Investment has been heralded as the best investment vehicle of the past ten years.

Research by Bloomberg revealed that people who invested in the yellow metal at the start of the last decade have tripled their initial layout, according to Times Live.

The profits made via Gold Investment place the precious metal at the top of the pile with regards to the commodities offering the greatest returns.

Alan Demby, executive chairman of The South African Gold Coin Exchange and chair of the Gold Investment Corp, said that conditions had been extremely good for gold investors recently.

He said: "Gold Prices [have appreciated] … so convincingly in the past couple of years."

Matt Whittaker of Dow Jones Newswires said the recent retail sales dip could have a beneficial impact on Gold Investment, bringing yet more good news to those Buying Gold.

He said: "The weaker-than-expected sales numbers … [are] supporting gold because a pullback in market liquidity would remove some of the easy money that has supported the metal as an investment."

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