Which direction is gold currently heading towards? A ton of investors, professional and amateur alike, will be asking this particular question. Seeing as how we've still not gotten past the first quarter of 2013, there really isn't much of an assessment on the trend that we can do at the current moment. Of course, you could begin with the past 2012 market prices but you should know that this might not be the best way to predict the future market movements.
In the fourth quarter of 2012 this precious metal saw a considerable surge of 6% in the USA, and this is expected to continue in 2013. While the spot price has seen a slight downward trend the demand has continued to go up from most sectors. Investors are concerned about the incredibly high debt level the country is carrying and all of the currency that is being issued as a result of quantitative easing by the Federal Reserve. This makes bullion very attractive and a top pick.
The various sectors that are in great demand of such precious metals include the medical field itself. In fact, the global demand in the final quarter of 2012 has increased by a total of 4 percent, though this is still significantly less compared to the US market. Nonetheless, a sharp trend upwards can be seen and this is one of the main reasons why investors are hopping into this market in droves.
Developing countries and emerging nations account for some of the increase in demand. In these economies the opportunities are more numerous and the population has a chance for more discretionary income. This allows for purchases of gold jewelry and investments in this type of bullion in larger amounts around the globe, because more people finally have access to the income needed to obtain these.
The role of the central banks in relation to the trading of this type of precious metals is significant indeed due to the tremendous sizes of their purchases. As a direct consequence, the trend of the market can be altered drastically as well and this has happened for the most part of 2012. Due to this very reason, the demand for gold had been incredible and this is likely to continue happening in 2013 too as predicted by expert analysts though there are still insufficient indicators as of this moment to be certain.
In the fourth quarter of 2012 this precious metal saw a considerable surge of 6% in the USA, and this is expected to continue in 2013. While the spot price has seen a slight downward trend the demand has continued to go up from most sectors. Investors are concerned about the incredibly high debt level the country is carrying and all of the currency that is being issued as a result of quantitative easing by the Federal Reserve. This makes bullion very attractive and a top pick.
The various sectors that are in great demand of such precious metals include the medical field itself. In fact, the global demand in the final quarter of 2012 has increased by a total of 4 percent, though this is still significantly less compared to the US market. Nonetheless, a sharp trend upwards can be seen and this is one of the main reasons why investors are hopping into this market in droves.
Developing countries and emerging nations account for some of the increase in demand. In these economies the opportunities are more numerous and the population has a chance for more discretionary income. This allows for purchases of gold jewelry and investments in this type of bullion in larger amounts around the globe, because more people finally have access to the income needed to obtain these.
The role of the central banks in relation to the trading of this type of precious metals is significant indeed due to the tremendous sizes of their purchases. As a direct consequence, the trend of the market can be altered drastically as well and this has happened for the most part of 2012. Due to this very reason, the demand for gold had been incredible and this is likely to continue happening in 2013 too as predicted by expert analysts though there are still insufficient indicators as of this moment to be certain.
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