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January 26, 2009 – Gold investment prices are at a three-month high right now and investors are currently rushing into the precious metals market as the United States Dollar and most mainstream investments are losing value. A weaker Dollar usually leads the way to higher gold investment prices and it’s exactly what where seeing right now with more and more investors feeling bullish about the metal every day as it may soon fulfil the role of the ultimate alternative investment during these troubling economic times. In the beginning of the month many analysts were bearish about the metal but after seeing the current state of the economy, opinions have changed and in the last two weeks alone we’ve seen a 12% increase in value with many more to come as the year progresses. As the recession continues to deepen, we could be seeing some significant increases in the near future which is why it is recommended to invest while the gold investment prices are low compared to what they could be by midyear.

Today we’re seeing the spot price of gold climb to around $905.50, up $7.20 or .8% for the trading day and also up $36.80 or 4.24% for the last 30 trading days. The latest projections for the metal are looking very good and expert market analysts are expecting anywhere from $1000-$2000 per ounce by 2010 in the future but it really all relies on whether or not the financial crisis gets better or worse. Like I always say, hope for the best but prepare for the worst. Invest well and have a great day.

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Arthur McGuire

Senior Staff Writer – Gold-Investment.info