There’s a window to buy happening right now, making it all the more important to act quickly to secure your gold investment. While the yellow metal has been solid, a strong risk-on sentiment in the stock market – despite a terrible performance on Monday – has seen gold prices stalling, creating an opportunity for those keen to add to their holdings before prices spike once again.
In trading yesterday (Thursday) gold prices hovered around £1,275 ($1,748) as stock indexes traded up, thanks in part to another Federal Reserve meeting that came and went this week with no central bank policy changes made. Expect this to change in the near future as the Feds appear to be shifting gears. With Evergrande also on the verge of collapse and repercussions expected to be felt at home and overseas, it’s only a matter of time before we see the bulls back in control.
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