Gold to Hit $1500 in 2010?

MANCHESTER, England, February 25, 2010 - Gold rose to record prices during 2009. But according to one analyst,
2010 will see the price of gold rise even further.

Jeffrey Nichols is the Managing Director of American Precious Metals
Advisors and has publicly stated that he wouldn't be surprised "to see gold
at $1500 or higher," by the end of 2010. Nichols is one of a number of
analysts forecasting the continued rise in cost per ounce of the precious
metal.

2009 saw the demand from the jewellery sector fall, as the global
economic downturn resulted in lower jewellery sales. However, this drop in
demand was compensated for by a rise in investment. As the global currencies
took a severe dive, investors rushed to buy gold(
www.goldmadesimple.com/) as 'safe bet' investment through the
financial crisis.

Despite the formal end of the recession having come during the final
quarter of 2009, its consequences are still being felt. As recoveries on a
Government level are likely to be a slow process lasting a number of years,
the outlook for gold, the price of which is invariably inversely proportional
to the US dollar, is positive. Continually rising prices are likely to push
investment levels even higher.

Buying gold as a potential investment option is becoming increasingly
popular with wider demographics too. Traditionally seen to be the reserve of
the wealthiest and a fairly elitist strategy too, the rise of online gold
exchanges, such as Gold Made Simple, make the process much simple and more
accessible. Enabling users to buy gold in even the tiniest quantities online
looks set to further investment as the year goes on.

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