Gold is known for its safe haven appeal and benefits as a hedge against inflation.
(PRWEB UK) 13 May 2013
Gold prices fell slightly on Monday on speculation that the Federal Reserve may scale back its monetary stimulus.
Gold has benefited from lower prices in recent weeks as investors rushed to make the most of gold at bargain prices. Demand was so high that many dealers were reporting shortages of some coins and bars, as they struggled to keep up with demand.
The slight fall means investors can continue to make use of the more affordable prices while providing some balance to their portfolio. Gold is known for its safe haven appeal and benefits as a hedge against inflation.
A spokesperson from Physical Gold said:
“Gold investment has seen some interesting developments of late and while it’s seen lower prices, this hasn’t deterred investors who have rushed to make the most of the bargain rate of gold with the hope the price will rise again soon.”
Physical Gold Ltd is a leading UK gold dealer, helping investors diversify their portfolios with innovative investment solutions. Renowned for their groundbreaking 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.