Humans have utilised gold as an investment vehicle to for thousands of years to drive wealth and display their fortunes.
Over the past 12 months the gold price has risen over 21%.
Gold might be a great investment choice in specific situations, such as when inflation is high, during economic uncertainty or geopolitical instability. At such times gold can outperform other asset classes and be used as a haven during market volatility.
While gold may experience short-term fluctuations, its long-term trajectory has historically been one of appreciation. As global demand for gold continues to rise, driven by factors such as jewellery, technology, and central bank purchases, its value proposition remains compelling.
By understanding the role of gold, exploring different investment strategies and maintaining a long-term perspective, investors can unlock the full potential of this precious metal and embark on a journey toward financial resilience and prosperity.
There are numerous ways to invest in gold other than the physical bullion itself. These include gold stocks and funds which make this easier for you to sell, own, store and secure.
A number of model portfolios managed by our wholly owned investment manager, IndexInvest, are presently allocating to precious metals by either exchange traded funds (ETFs) or via direct holdings in gold miners. You can contact us to discuss if expanding your allocations is a suitable thing for you to do.
This information has been provided as general advice. We have not considered your financial circumstances, needs or objectives. You should consider the appropriateness of the advice. You should obtain and consider the relevant Product Disclosure Statement (PDS) and seek the assistance of an authorised financial adviser before making any decision regarding any products or strategies mentioned in this communication.
Photo Source: Gold Price & Charts – Market Index