A new survey by Barclays Stockbrokers has found that investors are unsure of the benefits of putting investments into gold in the current economic climate.
The research revealed 31 per cent believe the price of gold will rise and that it is currently a good option for investments, 30 per cent believe that the price will not rise any further, and 18 per cent believe the price will remain the same and will hold their investments.
Barclays Stockbrokers has said gold has been a volatile market despite traditionally being a safe haven for investments in a recession .
Head of investment at Barclays Stockbrokers Barbara-Ann King says: "This year saw the price of gold rise to a peak above $1,000 (£680.70) per troy ounce in February, before falling back again as investors took their profits."
More cautious investors may be interested in the new Capital Protection Fund 10 from Scottish Widows which protects investments from losses while making the most of any upturn in the economy.
Gold investments split stockbrokers
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Gold investments split stockbrokers
Tue, 24 Mar 2009
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