This week gold closed at $933.70 an ounce. Hardly a difference from the close of last Friday, and though it ended lower, it looks like it might recover some ground soon.

In my opinion, now is not the best time to buy gold. Though the value may continue going up from here, I would not risk buying at this price. However, experts say that gold will rise far above the $1,000.00 an ounce mark. While that might happen, I’m not one to risk that much money on an investment right now. But if you are that sort of risk taker, then hop onboard! Buy now while gold is at a six week low.

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Tags: Gold Investing

This entry was posted on Friday, June 19th, 2009 at 10:19 pm and is filed under Paper Trading Gold. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.