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Barclays Sets Medium Term Gold Target at $1840

Analysts at Barclays remain bullish on the price of gold. The firm issued a report last week saying gold near $1725 per ounce could see renewed buying to push the price of the precious metal well over over $1840 per ounce in the medium term.

 
PRLog - Nov. 22, 2011 - Analysts at Barclays remain bullish on the price of gold and gold coins. The investment advisory firm issued a report last week saying gold near $1725 per ounce could see renewed buying to push the price of the precious metal well over over $1840 per ounce in the medium term. Gold closed last week at $1723 per ounce, making Barclay's medium term prediction of $1840 per ounce a nearly seven percent expected gain.

According to other analysts, the threat of inflation and devaluation could push the price of gold and gold coins to even higher price levels.

At Global Gold Group, we can help you take advantage of this bullish prediction in the price of gold with high quality government issued gold coins such as the United States Mint American Eagle, Canadian Maple Leaf and even the South African Krugerrand. For more information about investing in collectable gold coins or gold bullion coins, including our free investment gold guide, please visit our website at http://www.aglobalcurrency.com.

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Source:Global Gold Group
Location:United States
Industry:Finance, Jewelry, Banking
Tags:price of gold, gold price prediction, gold bullion, gold coin, invest in gold, buy gold coin, barclays, krugerrand, mint
Shortcut:prlog.org/11731582
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