Understanding Todays Gold Market

Understanding Todays Gold Market

Currently gold is hovering in record-high territory 

Demand for the asset jumped 12% year over year for the first half of 2022

In consideration of global demand and limited supply, forecast predicted for the price of gold to hit $2,500 an ounce by year’s end

The world gold council predicts that gold could break $3,000 over the next few years

Several factors that have created an almost perfect storm for gold that Record High Inflation,Interest Rate Hikes etc

Gold could become a revenue generating vehicle which used to preserve value

Different ways to invest in precious metals in the form of Physical Gold and Paper Gold

Physical gold is an asset that investors can hold in their hands

Paper gold is highly liquid since investors can easily buy and sell them in a brokerage account

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