STRONG NERVES IN DEMAND
What investors need to know about precious commodities
Commodities are a popular investment property to investors. Lump can be gold, nickel and oil not. What is important in the portfolio, and what investors should rather stay away.
For gold investors will not bite on granite installations.
Uncertain times push investors usually in asset classes that represent security. These include not only the Swiss franc and the U.S. dollar and precious metals, especially gold. This is especially apparent in the price of the yellow precious metal. But silver and platinum have risen sharply in recent years. Experts remain optimistic.
Long term, gold is clearly in the black. For comparison: Since 2008, the price still has more than doubled. The high level discourages but does not depend on acquisitions. "Nine out of ten customers are on the buy side," Robert Hartmann, Managing Director of the gold trading company says Pro Aurum. And in view of recent developments, such as the deepening crisis in Europe, gold was certainly potential. "If the expansion of money supply lead to higher inflation, which speaks for much higher gold prices," says Hartmann.
DEMAND
Which countries are greedy for gold
"Precious metals, especially gold are nowadays in every well-managed portfolio," says Mark Augustynak, senior precious metals trader at Royal Bank of Scotland (RBS) in London. Speak for the non-existent or even negative correlation to other asset classes like stocks and bonds, but also to preserve the value function for inflation.
Given the weakness of the euro, the price of gold approaching its all-time high at times, at 1374 €. According Augustynak gold could this record in the second half on offer. In dollar terms, he also expects a "significant recovery" at least $ 1,700.
What you should know about gold
What is gold?
Gold is a rare metal having a melting point of 1064 degrees Celsius. The boiling point is 2856 degrees. The chemical symbol for gold is "au" and comes from the Latin word "Aurum" from. It has several properties that made useful to mankind over the years. Gold conducts extremely well. It also does not react with water or oxygen.
How much gold was mined in the story?
How much gold there is on Earth?
How much gold is mined each year?
Where is the world's most mined gold?
What happened to the gold?
Where are the largest markets for gold?
Who are the largest owners of gold?
Now gold fluctuates around the threshold of $ 1,600. The highs of $ 923.70 an ounce of 6 September 2011, however, seem out of reach. According to Bloomberg News forecast but Eugen Weinberg from Commerzbank and Nick Trevethan from ANZ Banking Group, that within a year and record high this is outbid.
Highs are also silver and platinum in sight, but both enjoyed their precious metals investors with fat profits. Thus, platinum in the past ten years at a price of around 600 to over $ 1,400 per troy ounce (31.1 grams) more than doubled. Silver cost at the time, even just six dollars, today it is $ 28 per ounce.
