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Surge or Purge? Gold status in 2014 according to analysts

Gold status in 2014 According to Analysts


Because of the volatility of gold markets this year, investors and traders are thinking twice about the presence of the precious commodity in their portfolios. Should they retain the metal, or venture into something else which doesn’t fluctuate as much? Yet, everyone knows there’s no certainty when it comes to financial security, so as much as possible, experts still insist that diversification is the best way to go—and gold is still the best option for diversifying a portfolio as its prices don’t follow the trend of other assets which downgrade all at the same time. As the year draws to a close, are things looking up for gold?

Even though the future brings unpredictability, trends in the markets may somehow forecast the state of the commodity for 2014. The majority opinion is apparently still positive. Forex and financial trading blog Counting Pips in a recent post stated that gold still has strong fundamentals, and concluded that “gold is improving by the day.” Despite downtrends in the near-term, longer-term picture may more likely see the metal on the rise. Adrian Ash, head researcher of Bullionvault.com, shares this optimism in his fresh analysis. The clamor for gold investments will gradually be revived along with the “robust demand from Asia”, according to his article.

To answer the aforementioned question therefore, it would seem that the metal is surging. This is precisely what Business Insider currently reported, while noting that the metal experienced a pitch forward, especially from the North American trading market. The Business Section of The Australian, while acknowledging that some gold stocks are likely to have a dim future, global gold output remains strong. In the article, Morgan Stanley was quoted saying that “when margins are depressed, any movement in the gold price will have a strong multiple effect on equity price valuations.”

 Gold status in 2014 according to Analysts

TradingCenter.org, December, 9th 2013

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