Modern Australian
Men's Weekly

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The Current State Of The Gold Market: What You Need To Know

  • Written by Modern Australian

Gold has long been the foundation of wealth and if you are looking for a safe commodity for your current investments, gold is a very attractive option. Gold is a valuable commodity that has been used as jewellery and other decorative items and even a form of currency for centuries. Gold, unlike paper money, is not subject to inflation or other economic fluctuations. In addition, gold is a durable metal that does not corrode over time. For these reasons, many people view gold as a safe investment.

While the price of gold can fluctuate in the short term, it has generally trended upward over the long term. As a result, investing in gold is often seen as a way to preserve and grow wealth over time. If you are looking for a safe investment option, gold may be the right choice for you. Let’s take a look back to 2019, when COVID-19 was discovered, and you’ll see that gold has performed well; one reason for this is the trend to move wealth out of commerce and into the stability of gold bullion.


Excellent Track Record


Ever since man first traded, gold was used as payment and through two thousand years of development, gold has remained as the foundation of global wealth. If you are looking to buy Brisbane gold coins or other forms of gold from other locations, go for dealers that have offices where you can carry out your transaction and take physical possession of your gold. Most markets are volatile, as we are still in a pandemic and rather than take any chances, it is wise to move your wealth into gold.


Rising Demand


Gold, much like other commodities, relies on the supply/demand principle and as more investors look to move into precious metal, the demand for gold increases and this sends the spot price higher. The Internet hosts a wealth of free resources if you want to gain a better understanding of gold prices and trends. It is never wise to invest in a market you know little about. When you are ready, register with a gold dealer, then you can make your acquisition in the security of their offices.


Volatile Fiat Currencies


When you look at the value of the US dollar and the Euro, you can see ups and downs, which sends signals to currency investors to remove their wealth and put it into gold bullion. The current war in Ukraine adds to the tension and with supply chain shortages predicted and soaring oil prices, the global markets are edgy.


Hedge Against Inflation


Gold has traditionally been used to hedge inflation, which is being predicted at the end of 2022, so now would be the perfect time to invest in gold. This precious yellow metal comes in all sizes, from a 10g ingot up to a 1kg bar of 999.99 gold, with everything in between. This means you can easily add to your gold collection at any time. When buying gold bullion, we recommend taking physical possession, which is safer than leaving it with a 3rd party.


Follow The Experts


Most financial gurus are predicting a good 12 months for gold and as inflation rises, more investors will move into precious metals, and this will result in higher prices. If you have a large percentage of your investment portfolio in stocks and shares or currency, now would be a good time to move into a stable commodity such as gold bullion.

It should be noted that all forms of investment carry risks, yet gold is one of the more stable commodities that has an excellent track record. You should never place all of your eggs into one basket and at least 25% of your wealth should be sitting in gold bullion.

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