Wednesday, November 4, 2009

Gold Reaches Record High

Gold reached a record high today and traded at $1093 per fine ounce in London.

My studio guest today, was Alan Demby the Chairman of the SA Gold Coin Exchange. The last time I spoke to Alan Gold had just broken through the $1000 mark.

Alan pointed out that investors should consider physical gold in their portfolios. He recommends that one should hold about 10% in physical gold. You can do this by buying Kruger Rands or Collectible Gold Coins such as Mandella Coins, Fifa 2010 and etc.

The Gold Coin Exchange has a national network of Scoin Shops which make investing in gold very easy, there is one in The Somerset Mall.