Gold is considered to be a true diversifier for your portfolio – indeed, the World Gold Council suggests putting 2-10% of your portfolio into a safe haven such as gold.
Knowing the price of gold can help you understand how global events affect its value. For example, political upheaval drives many investors into safe-haven assets such as gold; this usually causes a rise in prices. Gold also tends to increase in times of austerity or recession as interest rates are low and money is cheap to borrow – this encourages people to invest their money rather than risk it being devalued by inflation or debt repayment problems during times of economic uncertainty.
The charts below outline the performance over time of gold and other precious metals.
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We understand that buying gold isn’t to be taken lightly, and selecting the right products is a big decision. That’s why the team at Rosland are on hand to answer any questions you may have.
Complete the form below and a gold specialist will be in touch. Alternatively, you can call us on 0800-902-0000 for a friendly, no pressure conversation.