With gold at historically strong levels, one expert says that investors should keep a keen eye out for dips and act quickly to buy. Carsten Fritsch, analyst at Germany’s Commerzbank says that any easing in prices are opportunities to buy. He said, “The gold price has climbed again on the back of the renewed depreciation of the US currency. What is more, yesterday’s considerable ETF inflows of 9 tons make it clear that any dips in the gold price are viewed as strong buying opportunities.”
Don’t miss our Friday bulletin for the latest news as we enter this unprecedented time for gold – and act quickly to lock in your gold purchase now.