Survey points to further Gold Investment
More people believe gold will hold or increase its value than think the price of the commodity will tail off in the near future, suggesting more people will be Investing In Gold than selling up.
Research conducted by Barclays Stockbrokers found 31 per cent of Gold Investors are banking on the yellow metal's price rising, with 18 per cent predicting the value will stay at or around the same level for the time being.
This compares to the 30 per cent of investors who think gold prices are about to fall.
Barbara-Ann King, head of investment at Barclays Stockbrokers, believes the results of the survey are consistent with the notion that Buying Gold is seen as favourable by investors in times of economic uncertainty.
She added that there are many ways in which retail investors can increase their exposure to the gold market.
"There are many products available in the market that retail investors can use to top up on gold exposure," Ms King commented.
"A range of exchange traded commodities (ETCs) can be accessed through the LSE, or there are several managed funds with a gold focus."
A Guardian report recently underlined the fact that gold has been one of the "few beneficiaries" of the credit crunch.
The yellow metal's price has risen by nine per cent since the start of the year, with many experts predicting the upward trend to continue.
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