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Commodities Briefing - Categorized | Bullion/Gold, Investment more

Ten ways to invest in gold

Posted on 28 November 2008

From Telegraph: Demand for gold is soaring and Citigroup analysts predict the price could break through the $2,000 an ounce barrier. The price of gold itself has fallen, and is now trading in a range around $720 to $750 an ounce, having peaked at more than $1,000 in the summer. Nevertheless, this reflects a dramatic rise from a bottom of $270 in 2001.

However, the gold price has increased only modestly once inflation is taken into account; current prices match those of the late 1980s and early 1990s in real terms. But the gold price story is more complicated, particularly for sterling investors….. Full Article: Source


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VRS - who has written 38163 posts on Opalesque Commodities Briefing.


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