It is the basic human instinct to hold on to the valuables till they garner the best possible profit or accrue substantial monetary value to it. It is also a very commonly observed phenomenon, that in order to get the best value, sometimes out of greed for little more, the right time to trade off the commodity passes by which leaves the owners behind with considerable losses rather than the profit they were aiming for at the beginning.
The same pattern has been observed lately; the GOLD prices for past 5 months have been topping up the trade charts all over the world. In last 5 months, the GOLD topped the $ 1,750 per 10 OZ mark. This was the highest recorded trade price in November, 2012. As you can imagine, all over the world, the big fishes all around had their money invested in this valuable item. Hoping to hit the best possible mark coupled by the declining dollar value; all sign were looking good for solid investment in GOLD.
Gold did indeed hit the mark as was being speculated by the experts and January 2013 saw a plausible performance in GOLD business. FOREX trading across the globe predicted that the pattern would continue for some time and that traders would enjoy probably another month of profitable trades in GOLD.
Eventually this remarkable performance by GOLD ended up in the month of February, 2013 and now the dip mark as Crossed below to $ 1,560 per 10 OZ mark. This shows a worrisome Dip of around $ 200 per 10OZ of GOLD.
In order to secure the trade lines, FOREX trading has been done lately on BULL market principal which means there is not any more momentum in GOLD left, all is being bought and sold on speculated prices which is quite risky.
When this BULL MARKET trend will cease, the GOLD price would be on its lowest trading mark. This could even trigger even a deeper plunge for GOLD in months to come, from which it might take longer than anticipated to recover.
The future trades in GOLD can go either way for now. For small time investors it would not be a good idea to hold on to their GOLD for now as it would be too late soon to even get the base trade value at time.
AZ1 GOLD trades in GOLD, JEWELERY and other valuable items. Being in the trade business for valuables, it is very crucial for us to keep a sharp eye on for the current trends which ultimately shape up the future trends to come.
With an experience of more than 13 years in dealing with Valuables, we can assure you that you would get the best trade value for your GOLD, JEWLERY and other precious items. In light of the current economic conditions, where in open market your GOLD would fetch you much less, we will give you the very best Dollar value.
Since now is the high time that GOLD is being traded off for the possible profit margins, soon the market will be SATURATED for GOLD DEMAND and prices would fall eventually.
So hurry up and trade you’re GOLD with us now for the best trade value while you can before the prices drop again.
We guarantee you that you will not be disappointed with what we offer for your precious investments.
AZ1 Gold Buyers is dealing in all sorts of precious items in major cities like PHOENIX, TEMPE and SCOTTSDALE in ARIZONA. Please feel free to drop us an email or call us to get the best information and sincere suggestions.
