Gold is an important asset class that investors should not avoid. Though gold does not produce income such as dividends from stocks for example, they offer many other advantages. For example, gold has low co-relation to equities and traditionally offer downside protection to a diversified portfolio during adverse market conditions. When equity markets crash investors …
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Gold prices closed at $1,280 an oz. today. After a few years of steady decline prices have been slowly climbing back up. In general, gold is considered as a safe haven asset as gold tends to be strong when equities fall. According to a recent article at Schroder’s gold does in fact performs well in weak equity …
Continue reading ‘Gold Price vs. S&P 500 Returns From 1961 Thru July 2017: Chart’ »
Gold prices closed $1,257.72 an ounce this past Friday. In 2011 when prices soared some predicted gold would continue to go higher and reach well beyond $2,000 an oz. However prices have declined since then and is under $1,300 now. Despite the fall, gold as as asset class can be an important asset to own …
The World’s Deepest Gold Mine is Mponeng in South Africa. The chart below shows some of the interesting facts about this gold mine: Click to enlarge Source: INFOGRAPHIC: The world’s deepest gold mine, Mining.com Photos: Also checkout this documentary on this mine:
Gold is an important asset class to own in a diversified portfolio. Because of its low co-relation to other assets and other factors holding some gold protects a portfolio especially during downward market moves. Since gold does not produce income such as a dividend it does not mean one should avoid them. According to World …
Continue reading ‘Why You Should Own Gold in a Well-Diversified Portfolio: Infographic’ »