Gold News

Gold Investment is what market is 'all about these days'

Gold Investment is an attractive and potentially lucrative addition to a portfolio as a result of market conditions rather than the glorification of investment benefits by gold advisors.

That is according to Times Live, which states: "Investment is what the gold market is all about these days. That's not the spin the world's gold bug advisers are putting out - it's the state of the market in physical gold."

The article goes on to say that it was the market that "led the metal to a record high of more than $1,200" last year and is currently helping maintain prices around the $1,100 per ounce mark.

With this steady Gold Price rise in mind, recent comments from Thomas Hartmann, a broker at California-based Altavest Worldwide Trading, become rather pertinent and could provide people Buying Gold with a reason to be more confident.

He said: "If you are bullish on gold, it is important that the market holds the $1,050 an ounce level."

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