Gold News

Money will 'come back into' Gold Bullion

Gold Bullion will continue to be the subject of buyer interest, regardless of market fluctuations.

That is the opinion of Frank McGhee, head precious metals trader at US-based Integrated Brokerage Services, who believes that the precious metal will be subject to some selling, but that ultimately, investors will always be interested.

He told the Reuters: "Gold will tend to maintain its value now. It will periodically sell off as other markets drop, but you will see money coming back into gold later."

Meanwhile the Korea Times reveals that an unnamed commodities expert has suggested that Gold Bullion demand has increased faster than other precious metal markets.

The economist said: "Recently, investment-related gold demand has been growing faster than that for jewelry or industry."

The news provider suggests that this has been in part down to the recent financial difficulties experienced in Europe.

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