The Precious Metals Kit allows you to take advantage of this appreciation by shifting assets to precious metals that diversify equity market risk without risking the impact of inflation on holding cash-especially in a low-interest-rate environment. We’ve done this because, since 1977, the consumer price index (CPI) has increased over 300 percent, but all four underlying metals in the Precious Metals Kit have appreciated in excess of it. As your pocket-sized hedge fund, we have carefully curated a Precious Metals Kit as part of our Select Kits offerings you can add to your investment portfolio. If you’re curious to get on the gold bandwagon but not sure where to start, Q.ai makes it simple. You can, for example, invest in physical gold by purchasing the aforementioned gold coins or gold bullion, as well as gold jewelry.Īgain, you can also get invested in gold-focused stocks and ETFs. You have various options for investing in gold. This means that, when the value of your dollar goes down, that doesn’t mean that the value of your gold will, too (or at least it won’t necessarily go down for the same reason). Gold rates tend to remain unaffected by inflation because it retains its value more than your other investments that are backed by dollars. Gold diversifies your portfolio.īecause gold is an alternative commodity, it helps to diversify your investment portfolio and, in doing so, provides a strong hedge against inflation. In 2020, gold prices also saw an upswing with the highest price in history at $2,032.16 per troy pound in August-despite the COVID-19 crisis. As the economy sank, gold prices continued to rise. At that time, the price for a troy ounce of gold flowed from about $800, reaching the $1,000 milestone. The price of gold skyrocketed in the 2000s, even during the recession in 2008. That’s largely because, often, it fluctuates in opposition to economic swings. Investors have found that gold tends to recover its value relatively quickly through inevitable market volatility. You can also invest in gold by purchasing gold mining stocks, gold future contracts and gold exchange-traded funds (ETFs). There are always buyers ready to buy gold, even if the return rate is not what you hope to earn. While this value can change, one key reason investors look to gold is because physical gold is easy to liquidate. The value of your gold lies in neither its condition nor its rarity but, rather, the gold content. You can purchase physical gold in two main forms: gold coins or stamped gold bullion (bars), which contain a purity level.
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