Investing in Gold and Achieving Our Glory
Gold prices are still much influenced by the problems in the Europe and Middle East with lingering worries about the eurozone's debt problem unresolved ahead of a meeting of policy makers.

On March 7, gold scored a new record for the highest price at U.S. $ 1,445 per troy ounce. Boom in gold prices because of the high anxiety of the prospect of rising inflation and unrest in the Middle East. However a very sharp rise in gold made investors do profit taking action for gold that had touched the lowest prices on $ 1,403.

Currently the price of gold was at $ 1.413 level after dropped sharply to reach its lowest level at $ 1.403. The decline in gold prices was triggered by profit taking by investors. As for physical gold investments LM, falling gold price is an opportunity to increase its investment with a cheaper price. Gold prices are expected to strengthen next week. Concerns related to the unrest in North Africa and the Middle East is still the main drivers of this rally yellow. Moreover, re-airings of anxiety over European debt crisis could increase the attractiveness of gold as an investment alternative.

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