Want to Buy Gold? Here’s What You Should Know.
Buying gold might make you feel like royalty, but it can be complicated, and it isn’t always lucrative.
Is gold a good investment in a recession?
Gold has a reputation for being a recession-friendly investment — when the stock market has a big pullback, the price of gold often goes up. But that’s not the full picture, says Deaton Smith, a certified financial planner and founder of Thayer Financial in Hickory, North Carolina. “The idea is that it’s a safer investment than equities, but the long-term price valuations just haven’t been there.”
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