Why People Buy Gold
Protection against currency: Gold is often used as a hedge fund to protect against losses in other asset classes.
Gold is a safe haven: It serves as security in times of crises at home and abroad.
Gold is tangible: Many people buy gold because you can hold it in your hand.
Gold is private: Physical gold provides an alternative savings vehicle held outside of the traditional banking system.
Gold is a liquid asset: Gold is traded worldwide and can be easily converted to cash equivalents.
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