During uncertain economic times, investors have always turned to gold for its timeless value. Today—with an ongoing debt crisis in Europe and doubts about the strength of the U.S. economy—a gold investment can lend a solid base of value to any portfolio. Take a look at some of the trends shaping the modern gold market in the following guide:
Gold Remains a ‘Safe-Haven’ Investment The U.S. housing bubble of 2007 to 2008 shook global financial markets to their very foundation. As a result, many investors turned to gold and other precious metals as a safe haven from riskier assets. The destabilizing forces that led to this shift have not abated. With continued uncertainty in the Eurozone, a sluggish recovery in the U.S., and doubts about the ability of developing nations to drive the global economy forward, countless investors continue to trust gold as a reliably safe investment.
Investors are Taking Advantage of Bargains After rising nearly 300 percent in the last decade alone, gold prices have pulled back slightly in recent months, leading many investors to take advantage of bargains that aren’t likely to last long. A recent Kitco News article featured in Forbes noted that many investors are returning to gold as a reliable safe-haven investment in the face of renewed fiscal concerns in the Eurozone. In the future, most experts predict that gold will continue to be a safe hedge against market volatility. By buying gold now, you can take advantage of its many benefits as a safe hedge at lower prices.
For more tips on investing in gold, contact Capital Gold Group. We provide investors with decades of expertise in gold and precious metal investments. To speak with a gold expert today, call us at (800) 510-9594. You can learn more about our services by liking us on Facebook.
The representatives at Capital Gold Group are not financial advisors and the information provided in this blog should not be considered financial advice. The past performance of gold investments is not indicative of potential future gains.