Are you Interested in Investing in Gold?

[Suba]

It turns out that until now, investing in gold, both gold bars and gold jewelry, is still the choice of many people, especially those with low moderate and conservative risk profiles. Gold is known to have a stable value/price and is often used as a hedge against the threat of inflation, besides that gold is also easy to sell when we need cash. But unfortunately to make capital gains from gold we need at least 5 years, while the average increase in gold prices per year is 8.70%. So the longer we hold gold, the more profit we will make.

 

[Starmix]

Investing in gold requires a huge capital. When I checked the prices of the gold jewelry shops in the mall, I was shocked to see the prices, astronomical. I computed the price value for 45 different items, they cost 1 million pesos or $20,000. However they're worth the price because they don't depreciate, but appreciate.

 

[magnus2022]

It turns out that until now, investing in gold, both gold bars and gold jewelry, is still the choice of many people, especially those with low moderate and conservative risk profiles. Gold is known to have a stable value/price and is often used as a hedge against the threat of inflation, besides that gold is also easy to sell when we need cash. But unfortunately to make capital gains from gold we need at least 5 years, while the average increase in gold prices per year is 8.70%. So the longer we hold gold, the more profit we will make.

I will like to invest in gold because it is always stable and can hardly depreciate. I agreed that gold is for investors with moderate risk level. I don't like the volatility in cryptocurrency , that is the reason i will always avoid cryptocurrency

 

[Nomad]

No, I am not. I know gold is very safe product for investment but sadly you cannot keep it at home because of theft and if you keep it at bank you have to pay fees.

 

[Augusta]

Yes we can buy gold to hold the longer we hold gold, the more profit we will make. That's how it works

 

[Springtime]

I invest in gold. It is a relatively safe investment. I buy physical gold as well as digital gold.

 

[Kera]

I have gold that I majorly use as jewellery. But I also perceive them as viable investment tools also.

 

[Kross]

I don't have any interest in gold for now. Maybe I would add it to my portfolio in the future. Not really bothered about it now.

 

[Fidelia]

I have interest in investing in gold. That's because I have seen my mom invest and gain so much from gold. She even used gold as emergency savings.