Expert bullish on gold investment

10:09, January 07, 2011      

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2010 was a golden year, with prices of the yellow metal soaring to more than 1 thousand $400 an ounce. And its yield rate hit nearly 30 percent.

Gold was also popular with Chinese investors last year. Experts say the metal still has significant room for long-term appreciation, with strong inflationary expectations and low interest rates.

Throughout 2010, gold was seen as a safe haven option, for investors spooked by the volatility of the global financial markets.

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