Why do people still buy gold?

Unlike paper money, coins or other assets, gold has maintained its value over the centuries. People view gold as a way to transmit and preserve their wealth from one generation to the next.

Why do people still buy gold?

Unlike paper money, coins or other assets, gold has maintained its value over the centuries. People view gold as a way to transmit and preserve their wealth from one generation to the next. Since ancient times, people have valued the unique properties of the precious metal. In general, gold is considered a diversifying investment.

It is clear that, historically, gold has been an investment that can add a diversifying component to your portfolio, regardless of whether you are concerned about inflation, the fall of the US or US dollar, or even the protection of your assets. If your focus is simply diversification, gold is not correlated with stocks, bonds, and real estate. For some people, physical assets such as real estate and gold offer greater peace of mind than assets that cannot be touched, such as stocks, bonds and mutual funds.