Gold prices are now beginning to continue creeping up to make more people invest in gold because it is considered safer and more profitable. Gold price in world market continue to create a record, which had penetrated the level of 1800 dollars for the first time.
Gold can be used as an alternative investment when the financial market shake. Strengthening gold price reflects not only fear about the Standard & Poor's ratings. Moreover, the price of gold reflects the overall posture of the currency markets and world economy.
Gold continues to be hunted investor after the U.S. dollar and stock prices continue to fluctuate sharply. This makes investors turn to gold.
"Those who bought gold still see no problem in the U.S. and the EU, an unstable currency markets, as well as the decline in world economic growth. They all refer to gold is regarded as the world's most powerful currency," said analyst Jim Wycof.
But now the price of gold can also be affected by global political conditions.
In Indonesia, the price of gold has penetrated more than 500,000 IDR. Gold investments yield big return so the price continues to improve. This can be a very lucrative investment alternative and safe for investors.
Gold can be used as an alternative investment when the financial market shake. Strengthening gold price reflects not only fear about the Standard & Poor's ratings. Moreover, the price of gold reflects the overall posture of the currency markets and world economy.
Gold continues to be hunted investor after the U.S. dollar and stock prices continue to fluctuate sharply. This makes investors turn to gold.
"Those who bought gold still see no problem in the U.S. and the EU, an unstable currency markets, as well as the decline in world economic growth. They all refer to gold is regarded as the world's most powerful currency," said analyst Jim Wycof.
But now the price of gold can also be affected by global political conditions.
In Indonesia, the price of gold has penetrated more than 500,000 IDR. Gold investments yield big return so the price continues to improve. This can be a very lucrative investment alternative and safe for investors.
No comments:
Post a Comment