According to a new report gold investment is all set to grow on a huge basis in the coming year 2017. The financial and economic backdrop to this year's "remarkable" return of Western money managers to precious metals is set to continue. The price of precious metals like gold, silver, palladium and platinum are likely to rise faster. These yellow and white metals are ready to attract speculative money, and enjoy their demand rising heavily.
Investor Confidence’ in gold and silver is increasing constantly and that makes it an obvious reason for the hike in the demand and supplies of these metals which will increase the global appeal of precious metals. Despite a "slinking" upturn in US inflation, the slowdown in the economic growth of the country is prospective to limit any Federal Reserve rate hikes, making "negative real interest rates...the norm" yet again, states the 90-page report, launched at an event sponsored by London refiners and bullion merchants Baird & Co. on Wednesday evening.
Led by the realization that US rates would remain depressed for longer, the concerns about global markets and the economy were raising but the gold investment still witnessed a huge positive change and it is nothing short than being remarkable. The investors have returned to investing in gold with a great force but some of the major investors are still found absent. However, there are huge chances that the investors will visit the market with a bang in the beginning of 2017. There is still plenty of scope for more investment flows into gold.
As per the latest reports which came from the market experts, the demand for coins and bars went to a lower side due to the slowdown in the market between the first and second quarters. This trend is expected to continue in the coming remaining months of 2016 as the Fed Reserve has also declared the rates to be unchanged. But again in 2017, the global market for gold is expecting a change in this trend which will mark increasing demands of bars and coins for investment purposes.
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