Why invest in Gold?
Gold is generally considered to be a good foundation asset for most long term savings or investment portfolio setups.
The history of gold as an investment, going back centuries and in particular during times of financial uncertainty, has meant that investors often seek to protect their capital in assets that offer a safer store of value. A strong ‘wealth preserver’, gold’s stability in uncertain financial times means it remains a top priority for today’s shrewd investor.
Being one of very few financial assets that do not rely on an issuer’s promise to pay, gold is the ideal asset in which you can move away from any widespread default risk. It provides a way for investors to manage any risk of extreme movements in the value of other asset types.
Some of the many reasons for the recent and widespread upsurge of interest in gold as an asset class are as follows:
Diversify your portfolio, Currency hedge, Inflation hedge, Risk management, Demand and supply
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