Sunday, December 19, 2010

How the Gold Market Works and is it Time to Buy Gold?

Salman Partners Inc., the independent research-driven investment dealer, has suggested that gold prices should continue on a steady upward slope for the next 12-18 months.  The predictions have been made by the company’s senior mining analysts Haytham Hodaly and Raymond Goldie in a new report; one section of the report reads: -
“In situations of economic or political uncertainty or conflict, gold has been considered a safe haven.  The price of gold is primarily influenced by investment demand, which is primarily related to the expected strength or weakness of the US dollar.’‘

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