Why Is Gold Considered An Investment At All
Business and media advertise gold as a “safe haven in times of crisis”. So far, people trade this even in times of crisis and depression and never lost all of its value. This is due, among other things, to the limited supply. In addition, no one can forecast the global total amount of gold with certainty.
Influencing factors in gold investing
Important influencing factors on the price are, for example, the general level of interest rates. In addition, it is the demand from the jewellery industry and the current production volume in the gold industry. Experience shows that the price of gold often moves in the opposite direction to the stock market since the demand for the precious metal that people consider “crisis-proof” increases during weak stock cycles.