Price Gold Collection

The price of gold has been around a pretty good this month, also fears of continued uncertainty in Japan and Libya to the conflict, shows that gold bugs should be seen as a safe haven in precious metals buyers.

Street says that the gold-April delivery added $ 10.10 to $ 1,426.40 an ounce settle in the Comex division of the New York Mercantile Exchange. The gold price is trading as high as $ 1,435.10 and a minimum of $ 1,423.50. Spot gold prices rose $ 8.30, according to Kitco Gold Index.

Naturally, everyone wants to know if the journey can continue. Prices are at historic highs for gold again, but many wonder if events in the Middle East traders are stolen.

"It becomes increasingly difficult as we expect a price increase of funds and speculators at a time to actually buy the high price," Brian Booth, senior market strategist for Lind-Waldock said La Rue. Booth said he was convinced that gold will continue to lead especially with the bad headlines out of Japan and Libya, which will attract buyers back into the gold market.

Gold does not benefit from the Monday as tiffany bracelet heart investors assess the current level of risk to the global economy. Investors bought gold to protect the continuing uncertainty in Japan, "says Street, as well as air strikes against Libya, the United Nations. SPDR Gold Shares (GLD) added nearly 10 tons of gold earlier this month re -buy.

Gold and silver could be ready for more gains as investors seek to diversify their assets shelter types with a mixture of fresh buying and short covering of gold that could cause [and] money to retest recent highs, "James Moore, FastMarkets research analyst also said La Rue.

"Gold is still the chosen haven for Europe and Far East investors," said George Gero, senior vice president at RBC Capital Markets, "but the interest has not grown either in open gold silver or gold is almost 500,000 and the money remains below 135,000 "pointing to a lack of long on the market.

Any advice for inflation are generally good for gold prices as investors buy durable goods such as paper currency becomes worth less, "said Street. The actual inflation fears have already bought gold as world governments spelled disaster by pumping money into the system in 2008/2009. But for traders and investors who missed this trade, they may be more inclined to jump in.

Xinhua News Agency, a state newspaper of China, recently said that the concerns that inflation would be one of the greatest risks "that the world economy faces ... became a reality."

Air strikes were also continued in Libya that the UN forces led by France, the United States and Great Britain hit the forces of Gaddafi. Although the goal of the coalition would not removing Qadhafi from power, but to protect its citizens, is assistance to help the rebels keep their revolt alive.

Lingering concern over disruptions of oil in the Middle East and North Africa are also underpinning oil prices, which has evolved in parallel with the gold price.

Investors are also running out of safe places to put their money. The yen is usually a safe haven, but the G7 to buy dollars and sell yen to lower the value of such assets may provide less coverage for investors, which is the gold more attractive.

Street suggests that, although the history of gold could be attractive for investors, operators are still a little coldly. Scott Redler, T3Live.com strategy director, said: "I'm always keeping what I have." Redler is tiffany gifts not interested in more heavily invested in the gold market I do not think c. is that exciting, I do not think there is good head. "

Conveyor think gold can go higher simply not a blockbuster move. The metal jumped 26% in 2010 and grew by only 0.7% in 2011. Goldman Sachs (GS) announced Thursday that gold can trade for $ 1,480 over the next three months, which would be a gesture of 4%.

Redler also test the water with a small long position in silver. "I do not think the money will be as security [many] trade as gold ... I think the money could slow down the action."