
Now Is The Time To Invest In Gold Say Experts
Now is a great time to invest in gold, according to market analysts and here at Ogden of Harrogate we have some superb examples that will also give you a real dash of style.
Harry Tchilinguirian, head of commodity research at French banking giant BNP Paribas, on Monday said that because of low-interest rates now is the “perfect time to hold some gold”.
And with these solid investment pieces below at Ogden, you can also embrace the ethical advantages of vintage gold - which being pre-loved, means you are recycling something that has already been made, which creates no ecological footprint today.
Take for example this stunning sapphire and diamond three-stone ring below in 18 carat yellow gold and dating from around 1900.
Sapphire and diamond 3-stone ring, circa 1900 - stock no. 60-87-720
Mr Tchilinguirian told Kitco News investors should look past gold’s short-term volatility and pay attention to the broader uptrend as the yellow metal continues to look attractive. He said he sees gold prices pushing to between $1,700 (£1,303) and $1,725 an ounce.
“We don’t expect a rush to $1,800 but a steady move higher," Mr Tchilinguirian added.
Another Ogden gold piece that is sure to find favour is this glorious Victorian gold and diamond ring below.
Victorian 18ct gold and old-cut diamond 3-stone ring - stock no. 60-87-783
This unique ring features three old cut diamonds, the largest claw set to the centre and weighing 1.10ct. The feature ring shoulders are decorated with an applied scroll design, a real feature in Victorian jewellery.
And if you fancy your gold investment to be a little different, our stunning Edwardian bracelet below crafted from 15ct yellow gold and platinum fits the bill.
Antique 15ct yellow gold, platinum, ruby and diamond bracelet - stock no. 66-87-224
This unique bracelet features 12 oval sections, each containing diamond accents and a central seed pearl. The sections are linked together with 24 beautiful trillion cut rubies, providing an elegant touch of colour to this antique.
Mr Tchilinguirian said the yellow metal is set fair as even after the US Federal Reserve’s emergency rate cut last week, BNP Paribas still expects the Fed will cut another 50 basis points following its March 18 monetary policy meeting.
“Gold is going to continue to attract investor interest, driven by the monetary policy environment that continues to ease ... gold looks good,” he said.
And our early Victorian gold and turquoise brooch dating from around 1850 below certainly "looks good".
Early Victorian 18ct gold and turquoise brooch - stock no. 67-87-142