For centuries, gold has long been a measure of wealth for many people. It is one of the most valuable natural resources known to man. These days, those seeking to make their money grow invest in gold.
Most people assume that gold is a “safer” form of investment than stocks, shares or property. But, is that still the case today? In a word, yes. If you’re not convinced, let me explain why you should still be investing in gold:
Gold is a valuable commodity
The thing about gold that some people might not know is that production is low. That means the value of gold is rising all the time! The rules of supply and demand dictate that, when gold is in limited supply, existing values rise.
Even though some new mines are set to open up, prices of gold will still be high. Now is as good a time as ever for investing in gold. In fact, it’s one of few commodity that have a steady rise in value over the years.
Gold values don’t depend on politics
Turn on the news and you’re bound to hear stories of war or political tensions between countries. Other conventional forms of investment may get affected by such news. But, have you ever noticed how the price of gold stays the same regardless?
That’s because gold values aren’t affected by what goes in from a political point of view. Many people invest in gold for that reason alone!
You can sell gold with ease
When you need money in a short period, you can’t rely on other investments like property for a quick sale. Gold is a different story. Millions of people buy and sell gold on a daily basis. You’ll never find a shortage of buyers for any gold that you may have.
So, if you want a valuable commodity that you can sell rather fast, gold is your best bet!
Gold is even used by governments around the world
You might think that all governments only keep reserves of cash in their values. But, it might surprise you to learn they usually keep more stocks of gold instead.
Gold is one of those commodities that can get bought and sold with ease around the world. Governments sometimes sell gold to other countries when they need extra cash. If a country’s government buys gold, you can be sure it’s a worthy investment.
How to make money with gold
As with any investment, the idea is to buy gold at a low price and keep or sell it when the value rises. It’s possible to buy gold at prices cheaper than market value if you know where to look.
For instance, you could buy scrap gold from consumers. You might even reclaim gold from unwanted electronics. There are many sources of cheap gold, some of which may surprise you!
I hope that you have found today’s article on gold investments a useful one. Feel free to share a link to this page with your friends. See you soon!