SOURCE: The Bedford Report

The Bedford Report

November 22, 2010 11:25 ET

The Gold Market Is Becoming More Volatile -- Is the Bubble About to Burst?

The Bedford Report Provides Analyst Research on SPDR Gold Shares & Goldcorp

NEW YORK, NY--(Marketwire - November 22, 2010) - Gold prices have been volatile in November. While the Fed's QE2 announcement sent gold prices near all-time highs, concerns that China may increase interest rates have caused a recent pullback. Moreover, with European debt currently in crisis mode, the US Dollar has had a relatively strong November, once again hurting the precious metals market. The Bedford Report examines the outlook for the Gold Market and provides research reports on SPDR Gold Shares (NYSE: GLD) and Goldcorp Inc. (NYSE: GG). Access to the full company reports can be found at:

Higher interest rates in China could hurt gold demand as it increases the opportunity cost of holding the yellow metal. According to a report by the World Gold Council, China is quickly catching up to India as the largest gold consumer in the world. In the third quarter, jewelry demand rose 8% and demand for gold bars and coins surged 64% from year earlier levels.

The Bedford Report releases regular market updates on the Gold Market so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous analyst reports and industry newsletters.

Two of the most popular ways to invest in gold are through ETFs or investing in the gold miners. SPDR Gold Shares is the world's largest gold ETF with over $55 billion in assets and is designed to track the price of a tenth of an ounce of gold.

The bulls who believe that gold prices will continue to surge may be inclined to look into the gold miners. Investors in gold miners are banking on rising earnings, as gold prices rise, to provide value. The Canadian gold miner, Goldcorp, recently reported that its third quarter earnings quadrupled to $466.5 million or 63 cents a share, from $114.2 million, or 16 cents a share, in the same quarter last year. Goldcorp also announced it would be doubling its annual dividend to 36 cents a share.

The Bedford Report provides Analyst Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at

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