Gold prices are soaring this year. Fears of the fed failing to get inflation under control and potential trade wars with the major partners of the US due to tariffs have investors seeking haven in the yellow metal. Risky assets such as stocks are entering a period of heightened volatility. Yesterday for instance the S&P …
Gold and Bitcoin prices have been soaring so far this year. Investors tend to flock to these assets during times of market distress or if they fear a blank swan event. Gold prices have shot up over 5.70% year-to-date and closed at $2,190.50 today. Digital currency Bitcoin has rocketed by about 72% and crossed $72,160 …
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Gold is an important asset to own in a well diversified portfolio. Unlike fiat currencies gold is considered as a store of value that will stand the test of time. For millennia humans have always been attracted to the yellow metal for its purity and value. In modern times, though equities have become popular the …
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Gold is considered as a safe-haven asset class. During periods of uncertainty and chaos in the equity markets investors tend to flock to gold. Though gold does not generate income like equities and other assets, they offer hedge against inflation and traditionally has held its value over the long-term. Gold has been a prized asset …
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