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Statistics Point Reasons After Reasons Why You Should Invest In Gold?
It is common knowledge that Gold is a precious metal and its value is increasing unbelievably. Right at the outset, anyone will agree that investing money in Gold is always a profitable proposition. But in respect of those who have some hesitation and anxieties of why one should Buy Gold Bullion as a wise investment, here is an array of statistics – not by someone unauthentic, but right from the horse’s mouth – The World Gold Council, supporting the proposition of converting your Cash for Gold.
There has been a steady increase of requirement for Gold in the latest months of the year ended 2011, according to this Authority in Gold. Just as an example, let’s see how the latest trend for Gold is reflected by the Quarterly Statement of the World Gold Council, for the third Quarter of 2011. It says the demand for Gold as an investment option has increased in manifold proportions, all over the world in general and Europe in particular. The demand for Gold for investment purposes in Europe alone touched a record high of 4.6 billion Euros.
On comparison, the demand is about 118.1 tonnes totally, showing a whooping ...
... increase of 135% year-over-year, for investment purposes in particular. What does it mean? It means many a people are parking their money savings as investments, and Buy Gold Bullion as solid Gold. The demand for investment is a separate phenomenon, as Gold is generally used for making jewellery and a minor portion of it goes to other fields of technology sector as well. But it is indicated that the demand for jewellery making across the world, declined by 10% compared to 2010 third quarter; from 518.9 tonnes it came down to 465.6 tonnes.
The supply of Gold into the world market increased just by 2% only, from 1,013.0 tonnes in 3rd quarter of 2010 to 1,034.4 tonnes in the same period 2011. Whereas, the demand for Gold world-wide increased by 6% to 1,053.9 tonnes from the 2010 figure of 991.1 tonnes, adding support to the claim that the demand has exceeded the supply. You know very well what will happen when such a position of the demand far exceeding supply emerges – inevitably the price will skyrocket. And that’s what we are seeing today in respect of Gold.
Statistics go to show that during the period under consideration, Gold prices touched a new record level of US$1,895.00 per ounce, from the earlier year figure of US$1,702.12 – an increase of good 39%, which no investment in any form can match. What is more, you have excellent facilities now to Buy Gold Bullion easily online; and convert Cash for Gold instantly. You get highest quality Gold Bars and Gold Coins with prices well below what are mentioned at the world markets above, and get them delivered at your home.
Summing up, you can confidently Buy Gold Bullion – because statistics vehemently point out reasons after reasons, why you should invest in Gold for highest ROI with easy liquidity.
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