Gold is a reliable and highly demanded asset. Gold has always been one of the most popular investments in any situation in the economy, especially during a crisis. For example, in 2020, investors purchased gold for a total of $ 48 billion, which is 33.3% more than in 2019. The yellow metal is the perfect defensive asset to save capital from devaluation, inflation and market crashes. Many financial advisors recommend keeping 5% to 10% of your portfolio in it, possibly up to 15% during a crisis.
However, the investment business, like any other, cannot develop without a clear plan. In order to choose the right moment to acquire this asset and make a profit, it is necessary not only to know the growth and fall cycles of the price of the precious metal in recent years and even decades, but also to competently analyze the fluctuations of the stock markets. It is important to take into account the existing risks in time and understand how to form an investment portfolio correctly.