August 6, 2009 – The gold bullion spot price is falling today after hitting a two-month high of $970 per ounce during the early morning trading hours, yet the latest short-term market projections are expecting the metal to continue increasing in value as heightened inflationary pressures build in our economy. The latest overprinting of fiat currencies by many of the world’s largest countries has caused many wise investors to flock away from paperbacked assets in exchange for assets that have true value, particularly gold. The current gold bullion spot price is sitting at $957.80 per ounce, down $5 for the day, up $33.80 in the last month and also up $78.80 in the last year. According to several market analysts, the metal may fluctuate within the range of $950 per ounce and $985 per ounce in the short-term until further direction is given from the ever-fluctuating United States Dollar.
Tracking the gold bullion spot price is very important when investors want to maximize their profit potential with bars and coins because as you may already know, the gold market fluctuates every day, thus keeping a close eye on this vital factor could be the difference between a successful and an unsuccessful diversification. Just like with any other investment, it always helps to have a helping hand in this elaborate market because in the end, two heads are always better than one. Track the gold bullion spot price by visiting websites like www.GoldPrice.net, and don’t forget to visit www.Buy-Gold.org for more information on beginning a diversification with one of history’s most preservative assets.
