As more people cash in on the benefits of gold investment, it’s understandable how experts are predicting a brilliant quarter for gold.
(PRWEB UK) 26 September 2012
Specialists at Physical Gold have responded to news that gold is set for its best quarter in 2 years, as gold sees steady high prices following the announcement of quantitative easing plans by central banks. Now experts are predicting the best quarterly gain since the three months to June 2010.
Spot gold rose by 0.3% to $1,765 an ounce today, edging closer again to the seven month high of $1,787.52 seen on September 21.
Monetary easing measures have boosted investor holdings in exchange-traded products to a record high, as fears grow of the dollar weakening.
A specialist at Physical Gold said:
“Investment in gold is becoming an increasingly popular choice as quantitative easing looks set to weaken the dollar. Hedging against slowing growth and weakening currencies is an important safety measure for investors to ensure they are getting the most out of their money. As more people cash in on the benefits of gold investment, it’s understandable how experts are predicting a brilliant quarter for gold.”
Physical Gold is continuing to watch recent gold developments with interest.
Physical Gold Ltd is a leading UK gold dealer, helping investors diversify their portfolios with innovative investment solutions. Renowned for their ground breaking products such as the Sipp gold and Gold Accumulation Account, the firm specialise in providing customers with tailored assistance in sourcing the best gold for their personal requirements. Based in London, the team are BNTA accredited and have an unrivalled knowledge of the gold market as well as an exceptional understanding of the general financial markets.