Long Island, NY (WiredPRNews.com) Last week’s shopping sprees saw a lot of gold buyers who are eager to buy more gold items even if the price of gold is going up, top Long Island gold buyers were heard saying last week.
“It’s not normal to see gold at this level. When stock markets go up we expect gold prices to down but in this case it’s the other way around,” they said further.
They believe that the increase in gold prices won’t be long and sooner or later, we will see a decline in the price. “In Dubai, they held a shopping spree festival there where the prize of 5 kilos of gold really interested a lot of shoppers. Promotions like this will set prices higher on a temporary scale then eventually drop rapidly.”
They also pointed out that the best price to sell gold is at its current level. “If we have plans of selling our gold, now is the best time to take advantage of the situation. I’m pretty sure that the next time it drops the quote we will get may not be what we expected,” he concluded.