Friday, August 27, 2010

Paradise Gold Finance(Emas Syurga Kewangan)

Gold 'is a safe option in volatile markets'

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Thursday, 26th August 2010 (57 views)

Purchasing gold can offer investors a save haven for their money in challenging economic conditions, it has been suggested.

Senior investment adviser at Bestinvest Adrian Lowcock said there has been a shift in the amount of exposure gold is getting as an asset class in recent times.

He remarked: "This may have an unforeseen impact on the traditional role gold plays and has certainly supported demand in volatile markets."

According to Mr Lowcock, the precious metal often plays "a defensive role" and is a good option for those who are coming out of high-risk areas such as shares.

Gold is able to keep its real value as its worth rises alongside price increases across markets, he went on to say.

Recent statistics from Halifax revealed gold has been one of the best performing asset classes over the last ten years, with a 277 per cent hike in value seen between 1999 and 2009.

Source: http://www.gold.org/news/2010/08/26/story/15541/gold_is_a_safe_option_in_volatile_markets/

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