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May 28, 2009 - Gold investment projections have been an interesting topic in the past few years as market analysts from around the globe predicted certain spot prices based on economic conditions, yet it appears like the 2009 gold investment projections in particular are very important because many of them are forecasting a significantly higher all-time record high. As you may already know, the current all-time record high of gold is $1033 per ounce, and in the beginning of the year there were some projections saying that the spot price could soar even further based on overall economic instability stacked with inflation and lower consumer confidence. Some of these gold investment projections had forecasted that spot prices could surpass $1033 per ounce, possibly reaching $1500 per ounce by the end of the year. A simple analysis of this forecast brings us to the conclusion that a massive shift from mainstream investments into gold would need to occur before such spot prices are seen, and fortunately we’re seeing a massive shift right now that is occurring because investors from around the United States are flocking away from stocks, bonds and real estate in exchange for one of the world’s most preservative assets.

By around 3 PM Eastern Standard Time, the daily market spot price of gold is climbing yet again, and it appears like the metal has shown consistent gains in the past three weeks as safe haven demand skyrocketed. Currently the metal is trading at around $960.60 per ounce, spiking up 1.30% today and also spiking up 7.53% in the last month.

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Arthur McGuire

Senior Staff Writer – Gold-Investment.info