Many are the people who are choosing to buy gold and silver for their financial security gold ira companies. These metals, considered safe havens, are more stable than other assets in the stock market.
However, this does not imply that metals such as gold cannot fall in value, but in the long term its price has risen since it is closely linked to the price of the dollar so, if the bill fluctuates constantly, this metal also it will. Similar happens with inflation, when the money in circulation increases, the gold also only that with six and nine months of delay.
Why invest in gold and silver as the best option?
Because they are not subject to the volatility of the financial markets, since betting on a tangible product, its value is more stable than the option on the stock market through stocks or bonds.
Both gold and silver have their peculiarities when investing since the use of each of them is different, as well as their demand. The gold is the precious metal par excellence, is mainly used in jewelry (48%) it is a malleable metal and low weatherability.
Silver, in addition to being used in jewelry, also works for industrial purposes (48%). Both metals are considered as safe havens and are unrelated to movements in financial markets and are an investment with low risk compared to other assets.
What are the advantages of investing in gold?
It is a good option to cover the risks of the investment portfolio that you have at the moment, but they are not exempt from positive and negative points. Among the advantages are:
- Physical gold provides total liquidity. This can be sold at any time and place in the world since it is the closest thing to physical money, but it must be taken into account that the sale of gold does not always achieve the purchase.
- It is not subject to political provisions.
- When you invest you can diversify your portfolio.
- It can be easily stored due to its significant value, if you opt for physical gold.
These are the benefits if you plan to invest in this alternative. Today’s savers have a marked tendency to contribute for it.
However, not everything is positive. Gold also presents difficulties, some of them are:
- The value of gold fluctuates easily, it can go up and down so the investment is not 100% insured. They should not be guided by terms such as safe haven value.
- It has a direct correlation with the US dollar.
- Physical gold must be kept in a safe place, so it represents a danger and resort to taking out insurance.