Lower Gold Price = Buying Opportunity
We don't tend to hype the future gold price as do many other gold dealers, partly because it is often difficult to make any predictions. We explain this in our other gold price page which you should read first.
Update as at 7th March 2002
Gold prices and demand recently made a few strong upward surges, mainly sparked by the Japanese Government announcement that they were to reduce or withdraw guarantees to Japanese bank depositors. This caused strong demand in Japan, which we expect to continue.
In the past few days, gold prices have been slightly lower. We believe this creates a good buying opportunity for those looking to invest in gold. Many investors wait for prices to start rising before they buy. We believe this is an error, and that it is better to buy when prices have recently softened.
Although this page ws originally written at the time of a specific brief dip in gold prices, the advice we give is good general advice at all times. It is better to buy when prices are lower than when they are higher. It just seems so obvious, that we don't find ourselves saying it often enough.
June 2006 Update
Gold Prices Index