Demand for gold jewellery has risen 12% around the world in the first quarter of the year
(PRWEB UK) 20 May 2013
Gold bar investment was up 8% globally, while official coins were up 18%, according to the latest World Gold Council trend report for Q1 2013.
Demand for gold jewellery has risen 12% around the world in the first quarter of the year, mostly driven by Asia. Gold investment has been helped by lower market prices which has seen investors rush to make the most of bargain prices while they lasted. Gold has proved itself a great long term investment, with gold’s value growing 94% over the last five years.
A spokesperson from Physical Gold said:
“Despite lower prices, gold has proven itself to still be in demand and able to attract investors to the precious metal time and time again, as they make use of its safe haven benefits and ability to hedge against inflation. Gold demand was up past quarter, so there is still a future for gold yet.”
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.