What awaits gold in 2017.

Almost every investor considers gold as an alternative to existing investments.


Typically, these are long-term investments lasting more than just a month, sometimes even a year. The key is to choose the right moment to buy.

Gold prices have risen several times over the past few decades, although after peaking at $1,886 per ounce in 2011, they began to decline.

The bottom was reached in 2015, and the market resumed its upward trend. The start of 2017 was particularly encouraging, with gold prices already up 6% this year.

So, what's in store for gold prices in 2017 if further growth is expected?

Looking at the global economy as a whole, the coming year will be full of surprises, most of them negative.

These include the European crisis, China's slowdown, and the unpredictable policies of newly elected US President Trump.

As is well known, bad news always stimulates an upward trend in gold. Furthermore, it's worth remembering that the previous gold price peak was $1,886.

Currently, the price is $1,241 per ounce, meaning the prospects for growth are more than impressive.

That said, it's best to wait for the next correction, which will end the 6% surge in January, and only after the market has recovered should you place buy trades.

You can learn how to buy gold through a trading terminal in this article: http://time-forex.com/interes/torg-zoloto-terminal

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