The recent declining stock and forex markets have increased the gold price. The gold price trend as seen by senior analysts will continue to increase in the month of July and August. Analysts predicted that gold will reach $1261 giving it a 2.2% increase this month. The gold selling have been witnessed around the world in large quantity. Gold in India have seen heavy selling specially gold jewelry which is in demand. The market has yet to be saturated and investors are not interested in gold certificates or bullion because the US and UK stock markets will show progress by the end of July. Gold prices in August will be higher enough for gold investors to sell there gold certificates or bullion and make enormous profit.
Oil prices will also rise this month making energy sector in stock markets more attractive to investors. Gold and Oil is therefore the leading investment tool for players. Gold investments are safest because Gold is subject to market risk but many of the risks associated with gold prices are very different from the risks associated with other assets. There are now investments better than gold but to invest in precious metal means concrete investments. It is also known as hard cash because buyers of shares are comparatively harder to find then the buyers of gold certificates of bullion.