Is it worth investing in gold?

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From ETFs, to stocks and physical possession of gold, there are several options to consider if you plan to invest in this precious metal. But is it currently worth investing in gold? And why should investors do it? These are  questions that have caused a lot of controversy lately. On the one hand, there is a current of thought that establishes that gold has completely lost its value as currency, and that the only value it currently has is due to its demand as a raw material used in jewelry, which is why it is not appropriate. invest in gold But, there are also those who believe that gold has unique characteristics that make it valuable and necessary to have in investors' portfolios.

The importance of gold in the modern economy Considering the fact that gold is no longer what supports the US dollar, then why is it still important today? And the answer to that is that even when gold is not seen in daily operations, it continues to maintain an important role in the world economy. You only have to look at the Fax Lists balance sheets of federal banks or other financial institutions, such as the International Monetary Fund, to realize that they continue to invest significantly in acquiring gold. These organizations are in possession of around  of the gold that is outside the mines. Gold preserves wealth Another reason why gold remains relevant in the modern economy.



This demonstrates how gold has retained its value over 40 years, while paper money has been affected by inflation. Gold allows you to preserve wealth, while if you hold an amount of money today, it will be affected by inflation in the future. Gold as a defense asset against social and political changes The idea that gold preserves wealth becomes even more important when we realize that we are in an economy where the dollar continues to decline and inflation steadily rises. This is why historically we have observed how gold functions as a defensive asset to protect itself from different situations that cause paper money to lose value. In times of crisis.