Investors generally buy gold because gold prices
continue to rise, and it does not depreciate. Persons approaching
retirement have small experience of buying gold, and they feel comfortable
while purchasing gold as compared to mutual fund or stocks, among
the other assets, which are most often used in retirement planning,
like bonds, stocks and savings accounts. Gold stands out as the
only investment plan that is not affected due to the economic crisis.
Gold provides safeguard to the investors against the economic crisis
and currency variation. People prefer gold investments rather than
purchasing or keeping their precious savings in the form of dollar
or other currencies. We have seen, especially from 2008-2009, dollar
and yen have been fluctuating, and global trend, at all levels,
from investment perspectives, is shifting towards gold.
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