How to ride the gold price rollercoaster

Gold has experienced a volatile few weeks, and the turbulence is set to continue, warns gold commentator Paul van Eeden. But he has some tips on how to keep your nerve and invest successfully...

The gold price has experienced a volatile couple of weeks. Don't expect things to get any better, warns gold commentator Paul van Eeden. As increasing numbers of bulls and bears take positions, the gold market is set for even more heavy turbulence. For his tips on how to keep your nerve and invest successfully

Gold fell $21 an ounce last Tuesday, only to bounce back $13 the following Thursday. I was quite happy when the gold price fell on Tuesday, thinking about all the stocks that were declining in price. During a bull market such downturns are profitable opportunities to snap up more shares of your favourite companies. That decline in the gold price was short lived and Thursday's bounce suggests that this week's opportunity had come and gone.

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MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.