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Is Gold a Good Investment?

Posted By- Admin

17 Dec, 2021

Is Gold a Good Investment?

While we can’t say whether gold is a good investment for you, historically, gold has maintained its value through market upheavals. Investing in gold is typically considered a hedge against inflation because it retains its value even when the buying power of government-issued (or fiat) currencies declines. That is why many investors scoop up gold during periods of inflation. Gold is also a fantastic asset to diversify your portfolio; the value of gold tends to increase when stock and bond values fall, and vice versa.