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Gold Rises 1.8% For Week – Experts Remain Bullish

Gold prices went up nearly 2% last week to close at $1788.10 per ounce.

PRLog - Nov. 16, 2011 - Gold prices went up nearly 2% last week to close at $1788.10 per ounce. The price of gold was supported by the traditionally strong gold buying season as well as economic uncertainty in Italy and Greece.

Silver prices also increased by 1.8% during the week to close at $34.68. Silver remains in a bullish pattern and a strong move through the $35 resistance level could push silver coin prices even higher.

According to experts, next week should be another strong week for buying gold coins. 21 of 22 traders in a survey conducted by Bloomberg expect the price of gold to increase next week. That is the highest level of bullish sentiment around investing in gold since 2004.

At Global Gold Group, we can position you to take advantage of this bullish sentiment around the price of gold. With government backed American Eagle, Canadian Maple Leaf and even South African Krugerrand coins, we have the perfect gold coins to help you invest in gold. Check out our website at http://www.aglobalcurrency.com

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Source:Global Gold Group
Location:United States
Industry:Jewelry, Lifestyle, Banking
Tags:gold coins, invest in gold, buy gold, gold price, price of gold, gold ira, gold bullion, gold bar, gold vault, 401k
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