Gold News

Gold Prices set to reach $2,500 in two years' time

<p>The price of Buying Gold will continue to rise in the long-term, reaching as much as $2,500 per ounce within the next two years, some analysts believe.<br />
<br />
Viren Mehta, a financial services expert at Ernst and Young, which employs 144,000 people around the world, is one such analyst.<br />
<br />
He told Forbes India that the underlying factors driving up Gold Prices remain in play and will continue to do so for some time, meaning that the precious metal will remain an attractive proposition.<br />
<br />
&quot;Gold Prices will remain high,&quot; the analyst said to the publication. &quot;The world is not out of trouble and inflationary pressures cannot be ignored.<br />
<br />
&quot;So there is enough reason to see that gold prices will move up from here.&quot;<br />
<br />
Another who believes Gold Investment will continue to rise in value is John Brynjolfsson, an expert at US investment management company Armoured Wolf, who suggested prices could rise to as much as $2,000 an ounce.<br />
<br />
Researching your first Gold Investment today? Don&#39;t pay more than you should! Make it cheap, simple &amp; ultra-secure at BullionVault...<br />
<img alt="ADNFCR-1047-ID-19598595-ADNFCR" src="http://feeds.directnews.co.uk/feedtrack/adferocopyright.gif?feedid=1047&... /></p>

See all articles by Gold Bug here.

Please Note: All articles published here are to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it. Please review our Terms & Conditions for accessing Gold News.

Follow Us

Facebook Youtube Twitter LinkedIn

 

 

Market Fundamentals