If you have been holding off on buying gold, the latest advice from TD Securities suggests that now is the time to act as it forecasts a new rally will start soon. The bank says that it is typical to see some sell off at the start of a market crash but this will then reverse and gold will soar to new highs – meaning now is the time to buy.

In a briefing, its analysts said, “The current gold market sell-off is similar to what happened during the financial crisis, when gold prices dropped for a period of over three months along with collapsing equity valuations, as increased volatility and margin calls forced levered investors to sell to provide liquidity. If as expected, we get the coordinated G-7 central-bank and G-7 government stimulus, the pending historic low real/nominal interest rates, liquidity injections and income support programs should reduce volatility and drive capital into gold again, lifting prices to new highs near $1,800/oz.”

This website is published by The Gold Safe Ltd, a Company registered in England and Wales with Company number: 11994725 a subsidiary of the United Kingdom Asset Company Ltd, a Company registered in England and Wales with Company number: 09784057 and is intended for information and promotional purposes only. The information provided in our free guide is not intended as an offer to invest and should not be construed as financial advice.

Fees: There are no fees for using this website or service.

Contact us: Tel: 0203 695 3400
Web: www.thegoldsafe.co.uk
Email: admin@thegoldsafe.co.uk

Address: 71-75 Shelton Street, Covent Garden, London WC2H 9JQ

All rights reserved copyright 2020 The Gold Safe Ltd

Follow us on:

    Wait! Before You Leave Download The 'Ultimate Guide to Gold Investing'
    FREE of Charge