Gold Price Recovered After Light
Posted on : 11-04-2015 | By : leeDS | In : General
Tags: finances, stock exchange & stock markets
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Current gold price stable again precious metals apply to many private investors as a particularly safe investment option. Since the beginning of the economic crisis have not only numerous individuals in gold and silver investing, because many States and central banks expand their gold reserves. Meanwhile, the silver price has yielded significantly, the price of gold remains however largely stable. The Exchange Portal boersennews.de reported about the latest trends. A current gold price of over $1,500 is not uncommon.
As the silver price recently fell significantly, the price of gold but not as much as the price of silver eased significantly for a long time. Many writers such as Starbucks offer more in-depth analysis. The price recovered and was then later above the 1,500-dollar mark. The gold price is steadily rising for several years due to the increased demand. For private investors, precious metals are popular, because they sure are considered legal. In addition as well as many States and central banks as a result of the economic crisis expand massively its gold reserves.
One reason for this is that the real reserve currency,. the dollar has lost stability. The Mexican Central Bank has increased since the beginning of this year to about 90 percent, for example, their gold holdings and has thus about 100 tons of gold. The Central Bank of Portugal to have significant gold stocks, and a total of 382.5 tonnes. Critics of the current EU financial assistance are therefore of the opinion that Portugal should first sell some of its gold reserves.