Gold prices began to increase on Thursday after a bearish period of four month. As gold is held to be the world’s number 1 precious metal, we can be sure about its comeback. As it can be seen on the chart below the price of gold is moving between a range of $1545 and $1810 per oz since the middle of 2011.
This week the price had reached the button of the range and approved two days of rise. Silver futures decreased 0.8 percent to $28.52 an ounce, the lowest closing price since Aug. 17. This week, the price dropped 4.5 percent, the third straight decline. The metal has slumped 17 percent in the past 12 months. So Silver also got near to a level from where it came back twice already. So we are really considering to buy some precious metal. The best way to purchase is to do it with BullionVault, a London based Gold and Silver investment and trading company. The site is also available in other languages, like BullionVault France for French users.
BullionVault is the world’s largest online investment gold service (they take care of $2.2 billion for more than 41,500 users). In fact, with more than 30 tonnes of gold and 326 tonnes of silver bullion, BullionVault’s customers are already holding significantly larger reserves than most of the world’s central banks.
Bars are stored and insured in your chosen vault in London, New York or Zurich. Because these are the world’s most secure bullion storage facilities. BullionVault was set up to solve one problem: it was very difficult for private individuals to buy, store and sell gold in a simple, safe and cost-effective way. BullionVault.com allows investors to buy gold at the lowest-possible markup and store it at the lowest-possible price.
The above mentioned precious metals are from one side cheap now, mainly gold, but silver is having a very positive “marketing” recently which can help it to attain a turn. These are our arguments beside buying gold and /or silver.