For the umpteenth time the world's stock markets convince us there is no better contribution than the "eternal values". So, gold prices again reached record levels - $ 1,416.10 per 1 ounce. Just a few weeks ago, experts said that the precious metal will fall in price, and, behold, a new rise. However, the results of the New York Stock Exchange by no means pleased with all market participants. Known as a reliable asset, gold has become extremely popular among investors, which is particularly wary of economists. Many of them are concerned that the high demand for the precious metal can cause the spread of the debt crisis in Europe. For example, this year alone the price of gold rose more than 4 times, the report says Commerzbank. Depositors are considering gold as an insurance account for market participants, the crisis has taught people to be careful. Recession will happen when the first signs of economic recovery, predicts the managing partner of UFG Wealth Management. The high price of gold is associated with the inclusion of Asia, Latin America and the Middle East into the global economy, and express their point of view of some economists. Meanwhile, many experts do not doubt the resulting bubble can burst and it will happen very soon. But investors and bankers do not agree with this view. Banking analysts in their forecasts promise $ 1500 or even $ 2000 per ounce. In their view, a more favorable contribution to date is not found.
No comments:
Post a Comment