Gold Prices set to go on fresh Bull Run, says expert
Now could be the perfect time to Buy Gold, with Gold Prices expected to experience an upturn, according to one industry analyst.
Kishori Krishnan, a gold market commentator, believes that Gold Prices could be set to hit a Bull Run sometime soon, provided the surrounding economic conditions remain conducive for such a rise, according to Gold Investing News.
Krishnan said: "The debt of the US government is turning out to be in fact irredeemable. And gold is poised to break out. Remember, gold outperforms in a crisis.
"As long as the US monetary and fiscal policies remain debt-based, all the signs herald that golds Bull Run is just around the corner.
The possibilities of such a run have gained credibility recently, with Gold Prices rising $71 in the past two weeks, according to Gold Alert.
That brings Gold Prices to $1,120, just short of its all-time high.
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