Precious metals

Items concerning precious metals

Gold, the best investment of the moment

The gold standard in the current context

In 2024, gold continues to demonstrate its resilience as a strategic investment. Central banks and private investors, seeking to protect themselves against the volatility of currencies, particularly the dollar, have increased their reserves of physical gold. This trend, observed since the 2000s, has accelerated recently, particularly with the significant accumulation of gold by countries such as China and Russia.



The importance of gold for emerging countries

The central banks of emerging countries, by diversifying their reserves away from fiat currencies, have contributed to the appreciation of gold on the global market. Massive purchases of gold by institutions like the Bank of China have reinforced the perception of gold as a strategic reserve asset, thus supporting its value over the long term.

Gold as a monetary alternative

With trust in traditional currencies declining, gold is increasingly seen as a reliable alternative. The growing demand for physical gold, as opposed to "paper" gold, highlights investors' desire for tangible, secure assets. Recent acquisitions by central banks reinforce the idea that gold plays a role as a de facto reserve currency.

Gold Market Forecasts and Analysis

Analysts remain largely optimistic about gold's outlook, with predictions suggesting a flat or rising value for 2024. The previous year saw the price of gold reach record highs, and this trend is likely to continue. continue, supported by key economic and geopolitical factors.

Demand for physical gold

The preference for physical gold is clearly evident among private investors and central banks. The increased demand for gold bars and coins reflects the search for security and tangibility in times of economic uncertainty. This trend also highlights the growing distrust of digital or paper forms of gold.

Purchase, sale
& storage

Author : Myret ZAKI
Source : www.BILAN.ch



Comments

No current comments

Write a comment