Experts expect gold prices to remain high for some time this spring. Here's why.
Investing in gold is often seen as a smart way to protect against inflation and diversify your portfolio — and these are just two of the reasons the precious metal has seen renewed interest over the last year. Demand for the product has surged so much, in fact, that gold prices are currently sitting at all-time highs . Will those gold prices continue rising this spring, though? According to experts, they could.
The price of gold will riseAs Ebkarian indicated, the majority of experts predict gold prices will rise for the foreseeable future.'We have no idea where gold prices will go in the next couple of months but remain confident they go higher this year,' says Peter Boockvar, chief investment officer at Bleakley Financial Group in Fairfield, N.J.
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