As gold investors get nervous, they're wondering if gold's price will keep going up or down.

If you're considering investing in gold, now is the perfect time to buy. Here's why.

If you buy gold now, you could be making a fortune when gold prices rise later. However, if you wait until gold rises, you'll miss out on the chance to make a lot of money right now.

Second, the price of an ounce of yellow metal is still below its peak value. So there's plenty of room to grow. And third, the price of an oz of yellow metal is expected to go lower over the coming year. This means that buying into the precious metals market right now is a good idea.

But here's the catch.

Prices could rise again soon. You'd better hurry.

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You can't predict whether gold prices will rise or fall.

Several indicators signal an increase in the price of precious metals. Inflation is rising; the Federal Reserve intends to hike borrowing costs three times this summer. The greenback has lost ground against major rivals such as the Japanese yen and the Swiss franc. Stunning declines in equities markets have pushed down commodity values. And the ECB is preparing to lower its benchmark rate. Taken together, these trends indicate that precious metal demand may soon surge.

Let me ask you a question.

If you're looking for an easy way to profit from the recent gold price dip, then you're going to need to be prepared to risk losing some profits if prices go up again. You might be better off waiting until they drop further.

If you answered yes for any of those questions, then you should invest in gold.

Buy early if you want to get the best deal.

If you want to start an IRA before the price goes up, you need to open one now.