Is Investing In Gold A Bad Idea? Here’s What You Should Know

Is Investing In Gold A Bad Idea? Here’s What You Should Know

There are two sides to every gold coin—investing in gold is a lucrative idea, and investing in gold is a losing idea—and then there's the truth. The truth always sits somewhere in the middle and, in this case, the truth is rooted in a multitude of factors spanning your investment goals, time horizon and, ultimately, your investment strategy. The most malleable of metals, gold, has taken a hit in 2021—in part, thanks to rising bond yields. But, even if things aren't always so golden, it'll always be here. It's already been a valuable commodity for investors for centuries, used as both a currency and a symbol of wealth in various ways throughout time. Sure, physical gold can be risky and comes with some cons, as is the case with all investments. For example… But where there are risks, there are also rewards, which, for some, mean reasons. Here are three reasons to consider gold as an investment. You can purchase physical gold in two main forms: gold coins or stamped gold bullion (bars), which contain a purity level. The value of your gold lies in neither its condition nor its rarity but, rather, the gold content. While this value can