Treat price declines as ‘buying opportunities’ says German Bank

The importance of being fully informed and ready to act quickly has been underlined by the German bank, Commerzbank. It has this week urged investors to consider all price declines as ‘buying opportunities’ – signalling that we can expect gold to continue to rise from here on out. The bank’s analyst, Carsten Fritsch said, “…it is noticeable that falls in the gold price are still being viewed by investors as buying opportunities. We therefore regard the latest weakness in the gold price as temporary and envisage new all-time highs in the near future.”