Analysts... don't believe them, they say what they want for their own personal gain, no information is free, according to traders and bankers. You have to pay up to get good info on the market. As per the last 8 years, analysts have gotten wrong about the global market, especially on commodities and precious metals. Decide for yourself if it is time to buy. My advice don't invest in physical gold, because of labour charges. Invest in gold future or gold trading, you only have to pay broker charges.