Rise in the Price of Gold


With the continued uncertainty over the price of oil worldwide and the losses happening more frequently in the stock market, it appears that investors have come full circle and are once again being attracted to gold.

2016 has seen the price rise to over $50 (€44.32) an ounce since the start of this year alone. Plenty of people believe that it will continue to gain in price even more over the upcoming months, however investors must be cautious. Even though the price is on the up, the price is changing twice daily, but the movement in exchange rates can also affect the cost and profits.

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