What are the potential risks of investing in gold?
After weeks of near-record-high gold prices , it looks like things might be cooling off. Just a couple of weeks ago, gold spot prices hit $2,042. 49 per ounce, approaching the all-
time
high of $2,069.
40 set in 2020. Today, they're down to $1,989. 80, and experts say they may continue falling. With gold prices lower — and potentially going lower still — is now the time to buy? or should you wait and see what happens, particularly with a potential other interest rate hike on the horizon? that's what we will explore in this article. If you're considering investing in gold, request a free information kit here to get started.
Every investment comprises both benefits and drawbacks. Purchasing shares in a gold mining firm might be a safer option if you don’t want to hold physical gold. Purchasing coins, bullion, or jewellery might help you achieve financial success if you think gold might be a
good
investment against inflation. The futures market may be your best