Physical Gold Responds to Rise in Gold Prices as US Fiscal Crisis Ends

(PRWEB UK) 2 January 2013

US congress passed a bill early this morning that will avoid tax hikes and spending cuts worth $ 600 Billion.

The White House compromise will impose tax rises on the wealthiest and spare the working and middle class.

Gold added $ 7.01 an ounce to reach $ 1,681.55 by 06.49 GMT on Wednesday morning.

A spokesperson from Physical Gold said:

“The delay over the US reaching a decision to avoid the Fiscal Cliff has seen gold prices slightly stall as investors waited to see what would happen. Now a decision has finally been made, we have seen gold prices rise once again.

“2012 was a great year for gold, and 2013 is predicted to offer another straight year of gains for the commodity. Gold investment is a great way of saving for your future, and as a new year begins, it is well worth considering your investment options.”

Physical Gold Ltd is a leading UK gold dealer, helping investors diversify their portfolios with innovative investment solutions. Renowned for their ground breaking products such as the Sipp gold and Gold Accumulation Account, the firm specialise in providing customers with tailored assistance in sourcing the best gold for their personal requirements. Based in London, the team are BNTA accredited and have an unrivalled knowledge of the gold market as well as an exceptional understanding of the general financial markets.

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