Gold Investment

Analysts and traders are optimistic about the gold price movement for next week. The optimism background by step the Federal Reserve decided to postpone trimming value that stimulus boosted demand for gold as a hedge against rising inflation and currency values ​​pruning.

The Fed decided not to cut the stimulus in the form of bond purchases worth U.S. $ 85 billion per month. The Fed chairman, Ben S. Bernanke argued, the ratio of the level of unemployment at 7.3% is still too high and risky. Previously, the consensus predicts, the stimulus package will be reduced by U.S. $ 10 billion to $ 75 billion.

The Fed finally realized that efforts to cut QE will lead to rising interest rates. Later, trimming the value of the currency will continue to take place in the U.S. and around the world.