Gold Hits Sterling Record

By Gold Made Simple, PRNE
Wednesday, April 21, 2010

MANCHESTER, England, April 22, 2010 - April saw the price of gold hit a Sterling and Euro record. While the
GBP754 (or 865 Euros) per troy ounce stat still remains 5% below the all time
US dollar record, this was nonetheless excellent news for the British
investors.

Compare the GBP754/ounce price tag with the price of GBP562 per ounce, as
gold stood back in August 2009 and it means that holders of the previous
metal have seen the value of their gold soar 34% in value in less than a
year.

It's widely thought that the fact that gold is maintaining such a high
price per ounce, despite the fact that the US dollar is making a notable
recovery, indicates a growing number of people viewing gold as a 'safe
investment,' in light of inconsistent currencies and the still prevalent
economic uncertainty globally.

Gold is also proving a popular investment for those who, in times of US
dollar instability, might have invested in Euros, Pounds Sterling or even
Yen. As these currencies also continue to perform inconsistently, following
the recent global recession, investors are increasingly turning to gold
bullion, which has proven a more sound investment in recent years.

www.goldmadesimple.com

Contact: Jason Cozens, Managing Director, Tel: +44(0)845-688-4491

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