Despite gold’s negative activities last year, investing in gold remains solid and still considered robust

Toronto, ON -- (SBWire) -- 02/24/2012 --Most analysts, including Platinum Account Group, believe that gold will continue to rise in the first half of 2012 and possibly increasing as much as $300 to $500 per ounce. However, we still can not ignore the fact that there are risks tied up on gold such as global economic and political situations like the European debt crisis. Platinum Account Group considers this crisis on a positive outlook that it will be supportive at the retail level because at times of crisis, retail investors tend to purchase gold bars and coins.

Platinum Account Group sees another key factor working in favor of gold which is the low interest rate environment which currently exists in over half of G20 countries. One big contributor to a high gold price last year was the central banks that purchased some 450 tons of the yellow metal. Central banks may not purchase same amount this year but they are expected to buy large amounts.

Despite gold’s negative activities last year, investing in gold remains solid and still considered robust. A large huge proportion of investors across the board, either by retail, big institutions or speculators, or central banks, continue to look at gold as a variety asset or an alternative currency designed to guard or protect against losses from other investments.

Platinum Account Group is a privately-owned company that offers you the highest quality of advice and financial service in the industry. We assist knowledgeable and discerning investors who seek the highest return on their investment. We are a wholly independent company and our contribution and service for our client’s wealth management and financial planning purposes is not restricted to particular funds or investment products we may want to implement.