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Daily Gold Bullion Update

April 6, 2009 – Values of the most popular gold bullion products such as the Credit Suisse bullion bars and the Pamp Suisse bullion bars are decreasing today on the speculation that the world’s financial crisis may be easing. The spot price of the metal has fallen to its lowest price in two months, while a rally in equity markets has caused the Standard & Poor’s 500 Index to jump up 23% since the beginning of the year. Many investors are beginning to risk their hard-earned wealth yet again by purchasing unstable stocks that could become devalued in the near future once inflation and other negative economic factors begin to take their toll on our economy. The United States Federal Reserve Chairman Ben S. Bernanke said that the policies to unfreeze credit markets are working, yet even he may not be taking into consideration the long-term effects of all these actions. Fortunately, wise investors can diversify into Credit Suisse bullion bars and other historically preservative precious metal products that have done well during these similar cycles.

During the midday trading hours, Credit Suisse bullion bars are decreasing in value along with the gold spot price that has fallen to $870.30 per ounce, a decrease of 2.63% for the trading day and also a decrease of 7.26% in the last 30 trading days. A recent survey from Bloomberg News shows that 12 of 17 traders, investors and analysts from around the world believe that a rebound in spot prices is imminent this week. This could be a good chance to take the opportunity and run with it. Happy investing.

Daily Updates Archive

Jonathan Monroe

Senior Staff Writer – Gold-Bullion.org

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