Top Reasons to Buy Gold- Is It The Best Investment in 2024?

Jul 9, 2024, 4:42 p.m. IST

Why should you hold gold in 2024? In this video Jan Skoyles outlines the multifaceted benefits of investing in gold bullion. She emphasizes gold’s timeless appeal, symbolizing wealth and stability across millennia. Unlike paper currencies, gold holds intrinsic value due to its rarity and universal acceptance. It serves as a hedge against inflation, protecting purchasing power during economic uncertainties. Gold’s inclusion in a diversified portfolio reduces overall risk and can perform well when other assets falter. Its physical nature and global liquidity make it a tangible, secure investment option.

Also stay tuned till the end where we ask Michael Oliver, the legendary analyst what he thinks about the gold price in 2024.

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About Author

Dave Russell

David is the CEO of GoldCore. Until Summer 2023 he was the Director of Marketing and Communications, responsible for all marketing and communications strategies and branding. David joined GoldCore in 2008 as Director of Business Development and later took over as Director of Marketing and Communications in 2020. Prior to this Dave managed and operated his own Marketing Agency and completed multiple coaching qualifications. "Working for GoldCore gives you a fantastic lens through which to view global financial and geopolitical developments. I am very proud to be part of a company that contributes to increasing investors understanding of these developments." When he’s not at work, David is passionate about sailing and has completed the ‘Round Ireland Yacht Race’ twice.