When Should I Buy Gold?

When buying gold and silver… Early January, March or April, and late June is when gold and silver tend to be at their lowest prices of the year and are thus good times to buy.

Is gold a good investment in 2019?

Gold has been up on the year, but if it turns out that the stock market runs low on juice, investors flocking to safety should pay attention to the precious metal. Gold is up roughly 3% so far in 2019. The price of the commodity moves with inflation.

Is buying gold a good investment?

Gold should be an important part of a diversified investment portfolio because its price increases in response to events that cause the value of paper investments, such as stocks and bonds, to decline. Although the price of gold can be volatile in the short term, it has always maintained its value over the long term.

Why Investing in gold is a bad idea?

Gold is an unproductive asset. Unlike shares or bonds or deposits, money that you invest in it does not contribute to any kind of economic growth. A pile of gold will stay the same pile of gold no matter how much time passes. The value of gold has always been driven by the fear that other asset classes will lose value.

What is the best month to sell gold?

Since 1975, March has been, on average, the worst-performing month for gold. This means March is the best time to buy gold – since it’s at it’s lowest annual price. From 1975 to 2013 (April to June) show when gold is at its weakest.