There are two very positive news stories circulating today about gold which should make everyone who has already included gold in their financial planning very happy. If you are still considering adding gold investments to your financial plan, these two stories should reinforce a positive decision.
First, the US Mint reports that sales of Gold American Eagles continue to rebound. June sales were the strongest since March and higher than May, which is unusual, with June usually being a seasonally softer month. Investors are flocking back to gold due to worries over the European financial crisis.
Those worries were reflected in two separate positive reports on gold from European banks:
Barclays Capital, one of the largest banks in the United Kingdom, issued an advisory that the “macro environment remains bullish for gold.”
Commerzbank, a major German banking firm, also declared that it too is optimistic for gold.