Gold is the world’s most popular precious metal and occupies an important role in the world economy. The yellow metal has always been highly valued across global markets and cultures, serving as a proxy of wealth and prosperity.
Appreciated far beyond its industrial usage, gold is one of the most widely-traded metal commodities. Gold deposits are rare and difficult to find. Its extraction from gold mines is a very time-consuming and expensive endeavour.
According to the latest estimates, the total global supply of gold is 170,000 tonnes. Since the 1970s, the annual gold production volume has tripled every year, and the purchased amount has quadrupled.
Why invest in gold?
There are several major reasons to invest Gold, however, the most common are the following:
Hedge against inflation
Unlike fiat currencies, gold traditionally preserves its purchasing power during periods of increasing inflation.
Hedge against international instability
During turbulent times in the world’s economy, gold performs well at the expense of other assets – it is historically seen as a safe haven.
Speculate on gold price
Gold has always been considered an attractive trading instrument due to its historic volatility.
Gold can be popular with investors who want to balance their investments in a diversified portfolio.
Trading gold requires some consideration, due to the market’s high volatility and a wide choice of available instruments, from gold derivatives, such asfutures and CFDs, to gold mining company stocks
- Choose a tenure and invest your capital sum minimum of N 200,000 or more for a direct credit of 60% returns every 12 months.
- Count down to ‘pay-day’ as you watch your money grow.
- Liquidate or roll over your initial capital after tenure.
- Earn 5% commission off every referral from your unique affiliate link