Gold Price Could Rally as Price Slump Increases Demand, Reports Gold Price

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Gold’s six-month-low prices below $1,600 per ounce could end up being a boon to the yellow metal, as investors go “bargain hunting” before the gold price rises once again, reports American gold dealer, Gold Price.

Gold Price - GoldPrice.net

Gold Price - GoldPrice.net

We are prepared for the rush of investors that are lining up to buy gold now while prices are low.

The relatively low gold prices that have been seen in the first two months of 2013 could be coming to an end, reports American gold dealer, Gold Price. As the slump continues and the US inches closer and closer to the $1.2 trillion in automatic spending cuts set to take effect in March, buyers could soon take advantage of the low gold price, which dipped below the support line last week, and below $1,600 today.

Arthur McGuire, vice president of Gold Price, says, “We are prepared for the rush of investors that are lining up to buy gold now while prices are low. It’s what we have been recommending for weeks now. This means that more people are making smart investment decisions, as gold is set for another price peak very soon. Those who have bought gold coins and bars now will thank themselves for it later, as all signs point to a gold price rise of historic proportions in the coming years.

Gold Price (GoldPrice.net) is a leading precious metals advisor since 1992 with headquarters in New York, California, Texas, Utah, New Mexico and Puerto Rico. Gold Price is also a direct gold and silver dealer, specializing in purchasing, selling and trading physical gold and silver, such as modern bullion bars/coins and certified rare coins. They offer investors a free award-winning gold starter’s kit by visiting http://www.Goldprice.net or calling 1-800-767-1423.

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Arthur McGuire
Gold Price
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