Gold Market

Since the first, buying gold is considered as one of the effective ways to preserve wealth. Not just because the dazzling sparkle, value growth was the reason behind the gold rush made by the owners of capital. Therefore, significant growth, gold is almost always a priority investor to invest. In addition, buying gold is often used as a safe haven arena or diversification of assets when the market (market) is experiencing uncertainty (risk averse). However, when it's actually the right time to get into the gold market (read: buy gold)?

Gold is entering types of precious metals, not gold jewelry types can be used for long term investment. For example just to fund education or long-term savings. Now there is a service that allows people to repay the gold. Condition is quite easy. In addition, the level of authenticity so assured. For Example an employee who has a monthly salary of two million, he can avail the services of 10 grams of gold with a down payment of at least 15 U.S. dollars for a few years.

Gold Investments is the effective solution of investing in savings. Because saving money is an investment in a relatively risky. Value for money every year inflation eroded. As for gold, no effect.

Optimism continues in the gold market, although at the same time there was some concern among traders about the potential for a correction. The rise in gold prices in the world market first triggered by expectations that the Federal Open Market Committee will extend its quantitative easing. Gold market participants see the potential benefits in the future because of concerns such as inflation and currency decline. Against this background, the advantages of metal added to gains this week. However, there is also the old axiom that the market does not go in one direction forever.

Trade gold will be stable or even continue to rise for several years, but at the same time the number will be corrected on the market every week. This can happen if the dollar strengthens or gold lost momentum and some traders to sell for profit, especially if the price of gold around the big round number like $ 1,800 per ounce. But that does not mean the market will turn around, the picture is still very supportive for gold.

Technical picture gold remains constructive, with the market acting as if to test the gold price. Basically, a potential source of support is China to join the parade of monetary policy easing in response to declining economic data.

We can look for further gains, but be warned about the potential for profit taking. You must remember that each nearing the end of the month and the end of the quarter, means the potential profit taking from fund managers who want to demonstrate that they are getting a good month or quarter.

Purchasing gold increased due to central banks around the world stepped up purchases of bonds in a program to increase the stimulus effort. This causes inflation economy.

In addition to profit taking, gold still affect the stimulus program. Furthermore, traders will continue to monitor developments in the Middle East geopolitical and North Africa, as well as any development of the European debt situation. Higher gold Momentum must be maintained, because of the potential to trigger pre-market buy order if issued previous highest price for the year.

As the highest price per year, chances are you have a few stops. If we trigger it and some purchases increased, the price can rise every week. Every setback that we have seen in recent weeks is a good opportunity to buy. However, it is possible there is still potential for price reductions.