Investing in gold is a no-brainer for investors looking to diversify and add some stability to their portfolios. The precious metal has traditionally acted as a store of value because its value doesn’t depreciate during times of upheaval, making it the perfect investment vehicle during recessions, inflation and political turmoil. As such, most gold market analysts advise investors to store some of their wealth in gold bullion to protect themselves against market volatility.
The first thing you should consider before investing in gold is prices. Note that spot price usually refers to the cost of immediate bullion delivery and that the…
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