Gold is going to be reliable for life. It is considered a treasure and is always a good idea to invest in! There was a dip earlier but now it's back on track. Go ahead and invest.
Lots of factors, but primary determinants of supply and demand are real interest rate in major economies (this is cost of holding of gold), the level of uncertainty (political, economical, social etc.), central bank buying or selling (major gold market players) and mining rates by key global suppliers
Just buy and hold. History shows that Gold outperforms fiat due to accumulation of policy mistakes from those who controls monetary policy and this is enough to consider it a profitable investment.
Just buy and hold. History shows that Gold outperforms fiat due to accumulation of policy mistakes from those who controls monetary policy and this is enough to consider it a profitable investment.
Just buy and hold. History shows that Gold outperforms fiat due to accumulation of policy mistakes from those who controls monetary policy and this is enough to consider it a profitable investment.
Thanks for the insight. Buying and holding gold can be a sound strategy, especially as a hedge against policy mistakes and economic uncertainties. However, to keep in mind to diversify portfolio and stay informed about market dynamics. It's essential to balance risk and reward on your investment.
Physical is costly, though local banks buy and sell them with huge spread. If you have secure storage option you can allocate like 10-15% of your wealth into bullions but if not, then futures are good alternative.
Try XAUUSD CFD instrument. For example use Hotforex or some other CFD broker. It is cheap also they allow to start with really small deposit like 5-10 bucks and also you have access to leverage and choose the size of risk.