Gaya Herald

A closer look at Gold with Goldfields Group

 Breaking News
  • No posts were found

A closer look at Gold with Goldfields Group

March 08
08:32 2021
A closer look at Gold with Goldfields Group

With so many investments around the world in different markets seeing uncertainty, gold has been one of the strong and consistent investments during the pandemic. Gold was one of the best performing major assets of 2020, driven by a combination of high risk, low interest rates and positive price momentum.

By early August, gold price reached a historical high of $2,067.15/oz as well as record highs in all other major currencies. While gold subsequently consolidated below its intra-year high, it remained comfortably above $1,850/oz for most of Q3 and Q4 2020, finishing the year at $1,887.60/oz.

In its 2021 outlook report, the World Gold Council (WGC) predicts that investment demand for gold will remain well supported, while gold consumption should benefit from the nascent economic recovery, especially in emerging markets.

Goldfields group have been thoroughly examining gold and have explored many investment opportunities involving this precious metal.

With many people losing faith in holding paper cash as more and more is printed, many individuals, organizations and institutions are heavily investing in such things as silver, gold and Cryptocurrencies.

Gold has historically performed well amid equity market pullbacks as well as high inflation. In years when inflation was higher than 3%, gold’s price increased 15% on average.

Furthermore, gold has been more effective in keeping up with global money supply over the past decade than US T-bills, ensuring investors preserve capital as best as possible. 

Goldfields Group is heavily invested in bringing more golden opportunities for their clients to not only help the success of their company, but to make sure that their clients’ portfolios and investments see greater gain in such uncertain times.

Media Contact
Company Name: Goldfields Group
Contact Person: Media Relations
Email: Send Email
Phone: +813 4588 8449
Country: Japan
Website: https://www.goldfieldsgroup.com


Warning: count(): Parameter must be an array or an object that implements Countable in /home/ghaziabadonline/gayaherald.com/wp-content/themes/legatus-theme/includes/single/post-tags.php on line 5
Share

Categories