Jewellery Market

One area of the gold market which has not performed well for the first two-quarters is the jewellery market. According to the WGC report, gold jewellery demand was at its lowest first-half total since 2012. China bought 322.5 metric tons during the first half of 2016.

“We are coming up to key festival seasons in India so we are expecting the gold jewellery market to recover,” Temple predicts.

Temple says the message remains the same for those interested in purchasing gold.

“Yes, gold prices have been increasing and if predictions are right we could see the metal keep climbing again this year.

"Gold buyers should still view the precious metal as a medium to long-term investment strategy. Gold prices can still go up as well as down. We, for instance, saw investors buying before Brexit and then selling back immediately. We would caution against this type of strategy.”

Trading Since 1981

Gold Investments has been trading since 1981 and is one of the oldest bullion houses in the UK.

“We would advise anyone interested in exploring investing in gold to talk to us. We have built up a wealth of experience. We are near Bank in the City,” says Temple.