{"id":12636,"date":"2024-01-16T08:58:42","date_gmt":"2024-01-16T08:58:42","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=10940"},"modified":"2024-01-16T08:58:42","modified_gmt":"2024-01-16T08:58:42","slug":"investing-in-gold-goals-and-things-to-know","status":"publish","type":"post","link":"https:\/\/www.vtmarketsglobal.com\/en\/blog\/12636\/","title":{"rendered":"Investing in gold: goals and things to know\u00a0"},"content":{"rendered":"\n
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Are you pondering over the idea of investing in gold? Step into the world of possibilities with VT Markets<\/a>, where gold trading becomes an experience that’s safe, fast, and secure. Ditch the conventional avenues like jewellery and bullion purchases; dive into the dynamic gold trading market that has gained remarkable momentum over the past 15 years.\u00a0<\/p>\n\n\n\n

Gold as an investment vs. jewellery<\/strong> <\/h5>\n\n\n\n

Gold as an investment typically involves buying physical gold in various forms, such as bars, coins, or through financial instruments such as our platform. In investing terms, we are looking to profit from the purchase and sale of gold through trading.  <\/p>\n\n\n\n

Jewellery, on the other hand, is primarily a personal asset with aesthetic and sentimental value. While it contains gold, the purchase of jewellery is more about personal adornment and cultural significance rather than being a strategic financial investment with sufficient returns. <\/p>\n\n\n\n

Why gold shines on our platform<\/strong> <\/h5>\n\n\n\n

Investing in gold and precious metals has long been trusted for wealth preservation and diversification in investment portfolios. Gold’s reputation as a secure asset has proven resilient during economic downturns. However, while it offers advantages, it might not align with everyone’s investment goals. <\/p>\n\n\n\n

Why gold deserves a spot in your portfolio<\/strong> <\/h5>\n\n\n\n
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  1. Safe haven in turbulent times<\/strong> <\/li>\n<\/ol>\n\n\n\n

    Gold has historically emerged as a sought-after asset during geopolitical tensions and economic uncertainties. In 2023, central banks bolstered their gold reserves by a staggering 87%, highlighting its appeal as a store of value. <\/p>\n\n\n\n

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    1. Inflation hedge<\/strong> <\/li>\n<\/ol>\n\n\n\n

      With global inflation projected around 6.7% in 2023, gold served as a hedge against inflation. Its price rise paralleled the increase in global inflation, showcasing its role as an inflation shield. <\/p>\n\n\n\n

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      1. Diversification value<\/strong> <\/li>\n<\/ol>\n\n\n\n

        Gold’s price movements often have a low correlation with traditional assets like stocks and bonds. This diversification potential reduces overall portfolio risk and offers stability during market downturns. <\/p>\n\n\n\n

        Why did gold prices soar in 2023?<\/strong> <\/h5>\n\n\n\n
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        During the year, gold prices reached an unprecedented peak, hitting $2,146 on December 4th (as reported on VT Markets<\/a> MT4). This surge represented a notable 17% increase from the opening price recorded on January 3rd, 2023, which stood at $1,827. The upward trajectory of gold prices during this period can be attributed to five key triggers:\u00a0<\/p>\n\n\n\n