What Makes Gold an Attractive Investment

[nomad]

History tells us that human beings have been using Gold for more than 5600 years. The earliest gold jewelry discovered dates back to 2600 BC. Gold has been considered a valuable asset for ages. Despite having a lot of assets for investment, Gold is still an attractive investment. However, the question is why is that so? What do you think are the main factors that drive the price of gold and its attractiveness as an investment?

 

[Authenticity101]

Gold is a great investment because of the value it holds. Many cultures in the world consider gold to be a symbol of power and royalty. Also, gold is used in manufacturing of ornaments and jewelry that sell expensively.

 

[timewo]

There is a limited amount of gold available, it is expensive to mine and gold prices have increased drastically in the last one year, so it is very profitable for those who invested in gold earlier.

 

[Golden9]

The rules of supply and demand are responsible for this. There is limited supply of something that is considered as really valuable which pushes the price up consistently.

 

[Suba]

Gold is in great demand and attractive to investors who have a conservative profile, because the risk is very small, and the price will always increase every year, making it very suitable as a hedge fund from inflation.

 

[eldavis]

Gold is one of the oldest investments out there, a lot of people go for gold cause it has been able to stand the test of time and there is a lot of money in it.

 

[riberet19]

I believe that its unique properties are one of the attractions of said investment, as long as it is physical gold, also its trajectory and its acceptance worldwide is another key factor, its low volatility and that it is the asset with the highest market capitalization in the world is very important too.

 

[Hate2Wait]

The best thing about Investment in Gold is its stability and we can expect to make only profit from it even if it's a smaller one so it's a safe way to invest.

 

[deucher]

For me, gold is not such a great investment option right now because it is bought by those who already have enough investments and they want to secure a certain amount of money against loss, but now that I am young and I do not have much investment, I can afford to invest in high-risk assets

 

[SHAHID987]

It's excellent brightness, color texture make it best for jewellery, women love to wear it. And it is also used in circuits of computer. It do have a lot of other useage.