Immediately after the beginning of the economic crisis caused by the burst of the real-estate balloon in the USA, the price of gold soared, after which a large correction of price occurred, and everything quieted down in media. But traders in precious metals confirmed for MMC that in our country the demand for gold is still high. According to the data obtained from the Bank of Slovenia (BS), the Slovenian households have approximately 15.3 billion euros of savings in deposits, and during the last half of the year the amount has grown by almost 200 million.

The investment into gold must be a part of a portfolio, intended for spreading and protection of assets. Such an investment must be a long-term investment, for gold at least three years or longer, and for silver not less than seven years, explained Peter Slapšak from the Elementum company, which is the representative of the Brussels precious metal mint Umicore in Slovenia. According to him a short-time gambling with precious metals is not advisable. No VAT payment is required at purchase and sale of gold, which is an advantage when compared to other metals.
Gold is also considered a safe investment, simply because it has never completely lost its value, which had happened to monetary currencies and shares, Slapšak continues. Gold keeps its value, and protects us from inflation. The purchasing power of an antique Roman gold coin even today remains high, which most certainly is not true for banknotes. Yet investment in gold has absolutely no point for those investors who are looking for a profit within a year or two. "One should be aware that gold and silver prices oscillate, which makes investments in these metals unsuitable for short-term investments, or speculation."