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Daily Gold Bullion Update

April 8, 2009 – Johnson Matthey bullion bars are some of the most popular gold bullion bars on the market, and lately more and more wise investors are beginning to purchase them along with other safe haven assets that could act as a store of wealth as the global economy continues to spiral down. Today it seems like the metal is being caught in a tug-of-war between optimistic investors who feel that the recession is over and pessimistic investors who feel that we will enter the second Great Depression, and thus they are the ones purchasing Johnson Matthey bullion bars in large quantities. There’s also been some upward movement in the United States Dollar, which is impressive considering the fact that the metal and the dollar usually run in adverse directions, and today there are climbing side-by-side. In the last few years the overall long-term demand for physical possession precious metals has increased exponentially, and many successful investors have been able to preserve their hard-earned wealth while at the same time profiting when spot prices increase heavily.

During the midday trading hours, it appears that Johnson Matthey bullion bars are making some decent upward movement with the spot price of the metal that is trading at around $885.80 per ounce, an increase of $4.70 or .53% for the trading day yet a decrease of $29.60 or 3.22% in the last 365 trading days. There’s been a few interesting short-term projections that have been released today, one coming from Morgan Stanley that predicts an average of $960 per ounce by the end of the year. How many wise investors will take advantage of the market before it’s too late?

Daily Updates Archive

Jonathan Monroe

Senior Staff Writer – Gold-Bullion.org

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