Gold is not your first choice to earn long-term appreciation. Over the past five years, the price of gold has appreciated approximately 36% while the total return of the S&P 500 has been 60%.
As a result, gold is seen to some as a safe haven and, in theory, increased demand results in a rise in price. Over the last 20 years, annual inflation has averaged 3% in the UK, according to the ...
In fact, gold is typically viewed as a safe-haven asset and inflation hedge. As of December 18, 2024, the price of gold is $2,646.73 per ounce, according to American Hartford Gold. While that ...