Question: what can i gain from investing in gold?
im fourteen and i need money for a car and alien ware gaming laptop computer. i want to know everything about gold investing and the profits you can make.
goldsenze.com Answer:
Gold is an asset that people invest in as a store of value not necessarily to generate profits. Unlike other assets, gold does not pay dividends or coupons so it generates no income. The only way you can make a profit from holding gold is if you can later sell it to someone else at a higher price. Investors tend to like to own gold if they are afraid of significant weakness in their currency, stagflation, or increased geopolitical risk.
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