Gold is considered a safe investment. It is supposed to act as a safety net when markets are in decline since the price of gold doesn’t typically move with market prices.
Gold is considered a safe investment. It is supposed to act as a safety net when markets are in decline since the price of gold doesn’t typically move with market prices. If we look over the 15 years from 2005 to 2020, the price of gold has increased by 330%. Over the same period, the DJIA increased by only 153%.
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