Most of us are eager to prevent stagnation when it comes to our finances, and look to investment as an opportunity to grow our wealth. Gold is a popular commodity to invest in as it’s generally considered to be low-risk. Unlike paper money, there’s only a finite amount of gold in the world – 208,874 tonnes of which has been mined – which helps it to retain its value over time.
Despite gold generally being considered a safe bet, no investment is entirely risk-free, and gold won’t be the right option for everyone. To figure out if it’s likely to benefit you, here are three things to consider before you make the decision to invest in gold.
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