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April 21, 2009 - The current spot price of gold is falling today, erasing some of the earlier gains based on small increases in the value of global equity markets, such as the Standard & Poor’s 500 Index that has come up 1% and the Dow Jones Industrial Average that has come up .6% for the trading day. The current spot price seems to be very sensitive to movement with United States equity markets, and several market analysts are expecting this to continue as the battle between risk-taking unstable stocks and safe haven precious metals continues throughout the year. Fortunately, gold is historically known to be one of the safest ways of storing value when fiat currencies and mainstream financial markets are experiencing difficulty, so any future negative sentiment with the United States economy may create an avalanche effect as masses of wise investors begin to flock to safe haven metals in order to prevent further losses with their hard-earned wealth.

By around 4 PM Eastern Standard Time, the current spot price is showing signs of small fluctuation that is a direct result of ongoing speculation about the future of the United States economy, and the metal is currently trading at around $882.60 per ounce, a decrease of $2.20 or .25% for the trading day, still the metal is up .9% this year as opposed to the MSCI World Index of shares that is down 8.2%. The future of the metal may continue looking bullish as more and more investors begin flocking to it as the ultimate store wealth.

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Arthur McGuire

Senior Staff Writer –-Gold-Investment.info