Gold prices have fallen down by $70, creating a good opportunity for the investors in precious metals
(prHWY.com) February 21, 2013 - Phonix, AZ -- 21 February 2013: The Prices of gold on Monday opened at $1,637 and as on today they are at $1,561, facing a great fall, but this has opened an opportunity for investors looking for the best time to buy gold.
The gold prices have been stable so far, but due to a phase in realty sector, gold prices are taking a fall and have been reported as to be taking the longest slump since December 2011. Asian Physical buyers of the yellow metal are expected to step back in and help the market.
Whereas the London based gold council estimates that China still remains to be a huge buyer of physical gold. There is a strong interest and demand of gold from Australia New Zealand as well. China was also reported the second highest buyer of gold bullions after India.
The reality sector is expected to flourish a bit in some time and will also help the prices and market will become more stable.
This bearish market is helping the investors a lot, it seems to be a prosperous time to buy your share of precious metals, and the prices are anticipated to rise up soon helping you gain out of these market conditions.
Small and medium investors are opting to buy gold coins and the prices for liberty gold coins and American Eagle Gold coins are at a very reasonable cost as the prices for the metal are low.
For Further more information about how to buy gold coins Visit:
www.itmtrading.com
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