The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council.

Friday, 20th February 2009 (2616 views)

Stocks and bars are the best way to invest in gold, investment director for the Sovereign Society Eric Roseman has advised.

Mr Roseman said that the best investments in the gold market that can be made at present are in the stocks of firms like Goldcorp, gold bullion bars and those coins that trade close to their market value.

He recently produced a report advising how gold coins can be bought at the correct price, avoiding any potential mark-up.

Mr Roseman's tips on the type of investment buyers should look for come in the week when a report noted that the precious metal has reached its highest value since last July.

Bloomberg stated on Wednesday that gold for immediate delivery had reached a value of $974.32 (£687.38) per ounce in Singapore.

The news provider also noted that high values were achieved elsewhere, reaching record levels in pounds and euros during Tuesday's trading.

 

« Back to Gold News stories