Gold Made Simple

Gold Made Simple

February 09, 2010 03:00 ET

Investment in Gold Set to Soar in 2010

MANCHESTER, UNITED KINGDOM--(Marketwire - Feb. 9, 2010) - While 2009 may have seen a slow down in investors rushing to buy gold, experts predict a speedy surge back to record investment levels during the course of 2010.

Experts recently warned that taking the marginal drop in physical holdings of the precious metal as any signs of the end of an investment 'love affair' with gold, would be an entirely inaccurate conclusion. Given the considerable sums of money pumped into major global economies during the recession in a bid to boost spending, this year is likely to cause some financial instability across a number of economies during the year. And in times of economic struggle, investment in commodities such as gold has proven a popular strategy. During any financial uncertainties, investors are often keen to add gold to their holdings, as its relative stability, in comparison to major world currencies, can safeguard against wealth erosion.

Given the potentially uncertain financial year we face, it is largely anticipated that gold investment will soar, thus pushing up the price per ounce.

While investing in gold can often hold a somewhat 'elitist' reputation for many, online exchanges of the precious metal, such as Gold Made Simple, offer new and experienced investors alike up to the minute information on the price per ounce and a user friendly platform from which to buy gold. Such online platforms have made gold investment a much more accessible possibility for those who previously might not have considered the option. These online investment platforms are likely to contribute largely to a growth in the sector.

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