Gold is again the safe haven of choice for investors after falling almost 19%
in the last quarter of 2011. With the deepening debt crisis in Europe and
increasing tensions over Iran, almost half of 22 gold traders surveyed by
Bloomberg expect gold prices to gain next week. According to Bloomberg,
investors are also holding a near-record amount of gold through exchange-traded
products after gold prices rose for an 11th consecutive year. With escalating
economic and geopolitical risks supporting gold, investors look to be sitting
pretty on their bullion hoard, which rose 10% last year against the 1.2% decline
in the Standard & Poors GSCI Total Return Index of 24 commodities.
Exchange-traded products are also shaping up to be the ideal strategy for
investors to gain exposure and benefit from the upsurge in gold demand. Learn
more about how to invest in gold and other precious metals at Commodities Week
Asia 2012 , the leading platform for Asian commodity investors, from speakers
such as Peregrine Cust, CIO of Prana Capital; Arno Pilz, Head of Metals Trading
of Duet Commodities Fund; Peter Schwendner, Partner of Fortinbras Asset
Management; Shayne McGuire, Head of Global Research and Portfolio Manager, GBI
Precious Metals Fund of Teachers Retirement System of Texas; and Frank Holmes,
CEO and CIO of US Global Investors.
No comments:
Post a Comment