Front Core Capital Please With Direction of Gold Market
Front Core Capital does not view the recent weakness in gold as a structural change in the market or for investment companies, but realizes it's a short-term risk management move into cash by funds.
- (1888PressRelease) November 07, 2011 - Throughout the month of October, very little media attention was given to gold. In early September, the price of gold rose above $1,900 per ounce, but swiftly fell in value losing $300 in a matter of weeks. Even though there has been few reports, bullish or bearish, the precious metal is on a comeback and rose more than $100 per ounce in the last week.
Front Core Capital does not view the recent weakness in gold as a structural change in the market or for investment companies, but realizes it's a short-term risk management move into cash by funds. Gold prices recently went up as strong Indian and Chinese demand outweighed the economic uncertainty in the euro zone.
Analyzing the recent pandemonium in Greece, and continued concerns regarding the European zone crisis spreading to Italy and Spain, Front Core Capital is expecting a strong comeback and constant rise in value for Gold.
The European Central Bank is expected to cut rates over their upcoming meetings in order to help lift the economy and also add to the liquidity pool. Because of this, the Euro and US Dollar will be under even more pressure which should fuel the boost in gold value.
Gold is currently the most popular investment, but it's not the only metal in the market. Although some investors are a bit weary of silver since September, it has been rising along with gold. Besides the performance of gold and silver, recently Front Core Capital has taken notice to how platinum and palladium have both been strong over the recent months and show signs of increasing. This is mostly due to imports into Switzerland which caused a demand for Chinese platinum.
- About Front Core Capital -
Front Core Capital is a Venture Capital and Financial service company. Front Core Capital caters to the expectations of knowledgeable and discerning investors who seek the highest return on their investments. Front Core Capital is a wholly independent company and, as such, is not restricted in any of the funds or investment products we may wish to utilize for our clients' wealth management and financial planning purposes.
- Press Contact at Front Core Capital -
Zach Amiran, press-contact ( @ ) frontcorecapital dot com
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