Gold Value Survey: 79 Percent Think That Further Increase In

Boom to continue until end of 2010 within the framework of the survey series of financial portal have been over 2,000 users asked about their predictions for the gold value. In doing so, gave 61 percent of respondents optimistic and appreciated the value of gold end 2010 at 1,000 to 2,000 dollars. That would mean an increase of about 80 percent of currently around $1,100 $ 2,000 at best. Significantly falling prices (under $ 1,000) are, however, only a few investors. “When the survey on the current gold price rally users to the question where is the gold price (in US dollars) at the end of the year” give their forecasts. A total of 2,206 participants voted 61 percent for a value of between 1,000 and 2,000 dollars. 12 percent think the course for the shiny raw material would equalize between 2,000 and 3,000 US dollars and six percent of the participants are even convinced that the value will rise to over $ 3,000.

Pessimistic only 21 percent of respondents, were on a decline under $ 1,000″ expect. The gold price saw a huge boom in the last 10 years. After a brief decline gold has evolved at the beginning of the financial crisis continue to be significantly in the last one and a half years. Not least, investor Legend George Soros, which has invested massively in the past few months in gold resulted in a strong resonance in the press. The demand for gold is strong”, so Sebastian Hahn, Portal Manager by It is invested in physical gold as well as gold investments via funds or ETFs. Also the current strength of the dollar against the euro for European gold investors positive effect, since gold is quoted in dollars. To the gains of the raw material thus currency profits come to.” Bottom line is to know that German investors are still bullish for the price of gold.