Gold has shown increase as the month of June started and is likely to increase for next 15 days. Analysts predicted that gold will reach $1256 giving it a 2.9% increase but will decline for correction by the end of this month. The decline is considered to be a 1.6% variation and the investors are known to make maximum profit out of this gold price trend. The gold market will be back to peaking prices in the month of July and August as investors predict jewelry trade increase in India. The market has yet to be saturated and investors are not interested in gold certificates or bullion because the US and UK stock markets are likely to show progress this month.
The stock markets are predicted to be inclining at the end of this month which shows stock players have to wait and delay selling/purchasing. The stocks recovery will throw gold back to 1.6% low making it less attractive for investors. The time is now feasible to invest in stocks rather than gold because gold will only give 5% profit in short term whereas stock market will allow nearly 9% to 11% profit in short term. Oil prices are also on the doldrums but investors are not clear whether to invest in energy shares or not because declining prices and a downward trend means slow or no profit in energy sector of stock markets.


