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April 7, 2009 - Gold investment forecasts are looking better than ever yet again as a wise investors around the country began seeking the preservation potential of precious metals as opposed to the dangerous and unstable potential of devaluing stocks and bonds. Millions of American investors have experienced massive losses with equities in the past few years, and comparing this to gold for example, that has increased more than 300% at times, it’s easy to see what investors turn to during troubling economic times. In the beginning of the year, several of the gold investment forecasts predicted that the all-time record high of $1033 per ounce would be surpassed by midyear, and we are now approaching that time. The next few weeks may hold some exciting movement for safe haven investors, so don’t miss the chance to diversify your hard-earned wealth into an asset that has been predicted to outperform most other financial markets throughout this recessionary cycle.

During the midday trading hours, the spot price of gold is beginning an increase despite losing value for three days in a row, and the metal is currently trading at $882.30 per ounce, jumping up $13.60 or 1.57% for the day yet still dropping $37.90 or 4.4% in the last year. Metal investors are eagerly waiting the day when the metal surpasses the record high and ventures into unseen territory, possibly reaching $1500 per ounce by summer according to several gold investment forecasts. Happy investing and don’t forget to diversify well.

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Arthur McGuire

Senior Staff Writer –-Investment.info