Gold may peak between $3500-$6000 analysts say

Gold Investing Strategies

Gold may peak between $3500-$6000 analysts say

Previous

Contents

Next

In the 1970s, gold prices went a major leap from being sold at $35 per ounce to a whopping $850 per ounce. And according to analysts, this scenario is very much possible to happen again.

According to economists, investors have lost their hopes for for the world currencies and are looking at the gold as the likely alternative. The "safe" currencies are now all gone with the Swiss franc now also deemed unstable. A few weeks ago, the Swiss National Bank increased the supply of the Swiss franc, indicating a very unhealthy economic situation.

And with investors' interest now turning into the gold trading industry, coupled with the increase in the demand for the precious metal especially in booming economies like China, India and Russia, gold prices may just well be heading for a steep increase in the range of $3500 to $6000, from its current trading price at $1856 today.

You can talk about... Gold may peak between $3500-$6000 analysts say

Tags: • russia • india • china • industry • currencies • investors • prices • 1970s • precious metal • gold trading • economic situation • swiss franc • gold prices •

• China Produces World Class Gold (china)
• The Bullion Banks (physical gold)
• Government of Venezuela Gains Control of All Gold Mined (venezuela)
• Gold reaches new record highs, remains uncertain (gold pricing)
• More related articles for Gold reaches new record highs, remains uncertain

Previous

Contents

Next

• <a href="http://article-library.goldinvestingstrategies.com">Gold Investing Strategies</a>
• <a href="http://article-library.goldinvestingstrategies.com/gold_pricing">Gold may peak between $3500-$6000 analysts say (gold pricing); Gold Investing Strategies </a>

Privacy & DMCA Policy -- Sitemap
gold pricing Gold may peak between $3500-$6000 analysts say