People started using Gold as currency as early as 560 BC and still it is the personification of wealth and success throughout the world.
Leading financial institutions prefer to invest in Gold. The prices of this precious metal do not fluctuate as much as those of other assets, and this allows investors to make profits even during the pandemic when the market is unstable and prices are unpredictable. Investing in Gold can also provide tax benefits – they are not charged an annual tax fee. In addition, these investments are not subject to inflation and do not depend on government policies around the world. Gold itself does not lose value, which means it continues to be one of the safest and most reliable investment options, and also offers the potential for more profit.