Deutsche Bank Predicts New Record Gold Price

Sept. 13, 2010 - PRLog -- Gold coin and bullion prices have a way to run before becoming overvalued according to a new report issued by Deutsche Bank.

According to the Deutsche Bank report, gold coins would have to hit $2000 per ounce to reach excessive price levels. That gives plenty room for people to invest in gold and still get a good return. The bank also feels that “new price highs are inevitable in an environment of heightened micro-economic volatility.”

In fact, the record high price for gold coins was $1266.50 per ounce interday on June 21. However the Deutsche Bank report said that price will soon fall.

“If deflationary worries re-emerge, we would expect gold to outperform the metal complex,” the bank said.

Now is the time to look at investing in gold coins before the price hits new record levels. Global Gold Group is offering gold coin investors a free Investment Gold Guide. To get a copy of the report, check out their website at http://www.aglobalcurrency.com.