However, recovery of the jewellery industry and increased demand certainly doesn't mean that investment is forecasted to fall. In fact, as some analysts predict a continued rise in the price of gold throughout the year and global currencies continue to be inconsistent, investment in the precious metal is almost certain to continue.
Given this forecast, gold should remain in a trading range. A move to new peaks, in U.S. dollar terms, would choke off that increase in jewelry demand - although it may be supplanted by a further rise in investment demand.
In recent times the price of gold has sky rocketed, this is due to the increase in demand for gold. People are now opting for gold investments rather than any other form of investment. The price of gold is only going to increase. This is the best time to invest in gold.
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