Dating back to over 3,500 years, history shows how far back in time gold has been considered a desirable and worthwhile asset leading up to 2009. Because of its universal view as currency, coin circulation was a dominant use for Gold, parlaying power and insurance for many leaders of early history to have an upper hand against any unforeseen predicaments.
Gold remains to be a source of preservation of one’s assets, and as many pre-modern individuals once did, this allowed for wealth to be passed on to following generations.
Investing in Gold isn’t a new trend that’s only becoming popular because it’s the safe option in an unsteady economic environment. Gold has proven that it has the sustainability to withstand in any type of market. Whether ancient or post-modern, investments in Gold will prove to be worthwhile in the past, present and future.
There are three factors that drive the prices of gold : stability, a hedge against inflation and supply.