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Thursday, 4th June 2009 (1218 views)

Investors should be considering purchasing gold sooner rather than later, it has been stated.

Australian company Gold de Royale highlighted the benefits of the precious metal, noting that its purchasing power is likely to remain stable.

George Po, precious metals sales manager, explained that demand typically grows with inflation because gold is traditionally a hedge against this.

Commenting on the current worldwide economic situation, he said: "It becomes obvious that we will soon be entering a period of severe inflation. The experts all agree. As such, people should really be considering investing in gold now, rather than later."

Mr Po went on to say that a number of different options are available to those planning to make an investment, with even a small purchase likely to prove worthwhile in the long term.

Earlier this week, Shelter Offshore suggested that gold is one of the most stable commodities and can provide protection against an uncertain stock market.

 

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