Post
Topic
Board Economics
Re: Is now a good time to buy Gold?
by
Powerjumboo
on 20/01/2025, 09:12:41 UTC
Gold's been all over the news ever since countries started to stockpile more of it (due to rising geopolitical tensions). It went almost past $2,800 only to go back to $2,668.

I wonder if I should get in now, or wait a little further? At the pace Gold is going, I think it will reach $3k soon. However, Trump's promise to end wars might put a stop to the craze. At least, temporarily.

What are your suggestions/recommendations? Your input would be greatly appreciated. Thank you. Smiley
Gold ranks first in terms of global asset class by market capitalization. The total market capitalization of gold is 18.399 trillion, which is the number one position globally. Investing in gold is very profitable. If you can invest, you can definitely profit. Moreover, you yourself know that gold is a very profitable investment and the price is constantly increasing, so you can definitely invest in gold and hold it.