Sociopolitical events, especially US political and economic conditions, are known to heavily affect gold prices. In 2020, prices for gold increased by 25 percent, owing to US political tensions and an economic downturn wrought by the Covid-19 pandemic. Several events…
Gold, like all other investments, has its risks and can be volatile depending on the economy. Determining the value in gold prices can be subjective, and it also depends on your risk appetite. Although gold is a relatively low risk…
In the past, governments determined a country’s currency or fiat money through the value of gold according to the gold standard. A government would set a fixed price for gold and buy and sell it at that price, which would…
Everyone’s investment profile is different, and there are many factors to consider before starting to invest. Here are some ways you can get a head start on your personal investment planning in 2021. Consider your budget and financial health Before…
While many people know about investing in stocks and bonds, newbie investors tend to overlook alternative investments, such as gold. But gold can actually be a profitable asset and a great way to spread out risk across your investment portfolio…
