• Contact Us
SearchKarlo.com
  • Business
    • Automobile
    • Career/Job
    • Finance & Investment
    • Real Estate
    • Shopping
    • Insurance
  • Digital Marketing
    • Email Marketing
    • SEO
    • Social Media
  • Education
    • Astronomy
    • Engineering
    • Law
    • Programming
    • Art
  • Entertainment
    • Gaming
    • Movie
    • Sports
  • Lifestyle
    • Fashion
    • Fitness
    • Food & Nutrition
    • Health
    • Home Improvement
    • Pet
    • Relationship
    • Travel
    • Gift
  • Technology
    • Computer
    • Cryptocurrency
    • Design
    • Gadget
    • Mobile
    • Web
No Result
View All Result
  • Business
    • Automobile
    • Career/Job
    • Finance & Investment
    • Real Estate
    • Shopping
    • Insurance
  • Digital Marketing
    • Email Marketing
    • SEO
    • Social Media
  • Education
    • Astronomy
    • Engineering
    • Law
    • Programming
    • Art
  • Entertainment
    • Gaming
    • Movie
    • Sports
  • Lifestyle
    • Fashion
    • Fitness
    • Food & Nutrition
    • Health
    • Home Improvement
    • Pet
    • Relationship
    • Travel
    • Gift
  • Technology
    • Computer
    • Cryptocurrency
    • Design
    • Gadget
    • Mobile
    • Web
No Result
View All Result
SearchKarlo.com
No Result
View All Result
Home Business Finance & Investment

Gold as an Investment: Is It Worth It?

Joyce Bragg by Joyce Bragg
August 25, 2021
in Finance & Investment
0
0
SHARES
1.1k
VIEWS
Share on FacebookShare on Twitter

Gold has been used to measure wealth for thousands of years. The price of gold sits above $1800 per ounce and historically has continued to gain value, though it is ever-changing.

Gold as an Investment: Is It Worth It

When inflation is high and the value of paper currency begins to decrease, gold as an investment has always offered a safe haven for those who have it.

Gold As An Investment

Up until 1971 gold was the standard by which all money was measured. After 1971 the major currencies of the world were no longer connected to the price or quantity of gold stored by that country. This is what was once called the gold standard, which had, along with the silver standard, been used for centuries.

Gold as an investment really began at this time, when the value of money was detached from the value of gold. As a commodity this allowed gold to continue gaining in value, while money continued to decrease in value. Both being a natural reflection of their status as a commodity versus a promissory note.

A good example of why investing in gold is a good idea comes down to the impact of inflation. So in December of 2004 gold hit a maximum value for the year of just over 400 dollars per ounce. If you bought an ounce then, the value would now be over $1,800 dollars, while the money when adjusted for inflation would be worth over $500.

This retainment and continued growth of value means that gold is still one of the best types of investment you can make. There is also a limited supply of gold that is added to the market each year, thus enforcing stability on the price that doesn’t exist in the same way with monetary currency.

How To Buy Gold

If you’re interested in how to buy gold there are a lot of different options available for you. It is possible to purchase gold bullion directly online or in person. From private buyers and sellers to pawn shops, the options for buying gold are diverse.

Buying gold as an investment is a bit different since it is the same as investing in any commodity. Both having an investment in gold and having raw gold does bring about the same value as both are valued by the ever-changing price of an ounce of gold. Check this article out before deciding on how to purchase your gold.

However, you choose to buy gold, remember that even today one of the most ancient forms of wealth we know of, which is gold, still retains its value. This is to say that historically you won’t lose money from investing in gold.

Your Gold, Your Investment

Many people choose to have their money invested in gold, instead of keeping around heavy minerals in their home. This is a safer option and much easier to keep track of, as well. Gold as an investment continues to be part of the economic landscape and there’s no better time to start investing than now.

We hope you found this article useful. If you did, be sure to browse the site for other great reads!

Previous Post

How to Invest Your Money Properly in Real Estate With Asaf Izhak Rubin

Next Post

9 Things Nobody Tells You About Selling a House

Joyce Bragg

Joyce Bragg

Joyce Bragg is a marketing advisor who has gained good experience in marketing communication, brand management, and digital marketing. Joyce loves writing and sharing blogs related to marketing and Media & public relation.

Next Post
9 Things Nobody Tells You About Selling a House

9 Things Nobody Tells You About Selling a House

Please login to join discussion

Recent News

How to Learn Sinhala Language?

How to Learn Sinhala Language?

May 22, 2023
Types of Role-Playing Video Games on the Internet

Types of Role-Playing Video Games on the Internet

May 15, 2023
Good 迷你倉 Facilities: Preserve the Security of Your Items

Good 迷你倉 Facilities: Preserve the Security of Your Items

May 15, 2023
Using Quotex to Access the World of Asset Trading

Using Quotex to Access the World of Asset Trading

May 9, 2023
Enthralling Jewelry Pieces That You Cannot Resist (2023)

Enthralling Jewelry Pieces That You Cannot Resist (2023)

May 8, 2023
Atlantic Flag & Pole: Where the Sky is the Limit for Your Patriotism

Atlantic Flag & Pole: Where the Sky is the Limit for Your Patriotism

May 2, 2023
Some of Aesthetic Facts of Green Genuine Moldavite

Some of Aesthetic Facts of Green Genuine Moldavite

May 2, 2023
The Future Of VPN Technology: Trends To Watch For

The Future Of VPN Technology: Trends To Watch For

April 10, 2023
Perfect Meal Prep for Toddlers

Perfect Meal Prep for Toddlers

April 6, 2023
The Fence Company Arizona: Your Trusted Source for All Your Fencing Requirements

The Fence Company Arizona: Your Trusted Source for All Your Fencing Requirements

April 21, 2023
Wireless Internet Providers in Rural Areas

Wireless Internet Providers in Rural Areas

March 22, 2023
Impact of Artificial Intelligence on the Telecom Industry

Impact of Artificial Intelligence on the Telecom Industry

March 21, 2023
Some of Essential Elements of Coffee Machines

Some of Essential Elements of Coffee Machines

March 21, 2023
Lane Cove’s Premier Carpet Cleaning Service – Ultra Brite

Lane Cove’s Premier Carpet Cleaning Service – Ultra Brite

March 10, 2023

SearchKarlo.com team is providing you with all the latest updates, news. Our team shares information on various topics like business, education, entertainment, lifestyle, digital marketing, and technology. SearchKarlo.com team provides information blogs where you can easily read about your favourite topic. We regularly post new blogs to provide you latest content daily.

About us

Contact us at: [email protected]

Browse by Category

  • Art
  • Automobile
  • Business
  • Career/Job
  • Computer
  • Cryptocurrency
  • Design
  • Digital Marketing
  • Education
  • Email Marketing
  • Entertainment
  • Fashion
  • Finance & Investment
  • Fitness
  • Food & Nutrition
  • Gadget
  • Gaming
  • Gift
  • Health
  • Home Improvement
  • Insurance
  • Law
  • Lifestyle
  • Mobile
  • Movie
  • Other
  • Pet
  • Real Estate
  • Relationship
  • SEO
  • Shopping
  • Social Media
  • Sports
  • Technology
  • Travel
  • Uncategorized
  • Web

Recent News

How to Learn Sinhala Language?

How to Learn Sinhala Language?

May 22, 2023
Types of Role-Playing Video Games on the Internet

Types of Role-Playing Video Games on the Internet

May 15, 2023
Good 迷你倉 Facilities: Preserve the Security of Your Items

Good 迷你倉 Facilities: Preserve the Security of Your Items

May 15, 2023
No Result
View All Result
  • About Us
  • Contact Us
  • Home

© 2020 - SearchIT