Tsuen Wan International: Experts predict the cost of precious metals will continue to rise.

April 29, 2011 - PRLog -- Precious metal prices have benefitted from the increasing cost of almost every commodity. Spiraling inflation biting into disposable income and climbing oil prices have seen more investors turning to precious metals as a hedge against inflation.

This has seen the prices of gold and silver and other precious metals reaching all time highs, and Tsuen Wan International has been informed that indications are rife that this bull run is set to continue.

Experts who have been studying the trend have come out predicting that the near future outlook for investors in precious metals seems bright, with gold already pushing new record highs almost daily, over the $1,500 an ounce mark, and silver trading higher than the $50 per ounce.

Looking at the historical behavior of investors who have used these metals as a hedge against inflation however, it is unlikely that many will be prepared to sell their gold and silver despite the current all time high prices. Analysts informed Tsuen Wan International that they feel that considering the prices of these metals, there is going to be moderate pressure coming from overbought conditions as well as stock market strengths.

Numerous industry experts expect that the effect of this is likely to act minimally on the prices of these metals, but will add to other influences pushing the prices higher, including the likely increase in global inflation as a result of the problems in Libya and uncertainty over oil supplies from Nigeria as a result of unrest following their recent April 16 national elections.

# # #

Tsuen Wan International is a leading independent investment company, based in the heart of Hong Kong. Tsuen Wan International offers a variety of investment products for institutional, corporate and high net worth investors in equity debt and FX markets.