English
Back
Download
Log in to access Online Inquiry
Back to the Top
History shows bull market in gold after rate hikes: boon or bane?
Views 564K Contents 68

Gold a good way to diversify portfolio

Is gold a good buy or bye? Which tickers are worth watching/ holding?
The graphic below uses data from Macrotrends to highlight gold’s price movements during recessions and compares it to changes in the S&P 500.
Invest in gold is a safe haven during time of uncertainty like war, pandemic or recession as it's not affected by interest rate and currency depreciation. However there's still volatility risk and authenticity risk when you're holding physical gold (Gold bullion, coin and jewelry).
Today there are many more ways to invest in gold, just to name a few:
Gold Futures
Gold ETFs
$SPDR Gold ETF (GLD.US)$ , $Ishares Inc Msci Global Gold Miners Etf (RING.US)$
Gold Mutual Funds
$FRANKLIN RESPONSIBLY SOURCED GOLD ETF (FGLD.US)$
Personally I think the above can help to diversify your portfolio and reduce your loss during a recession. I have invested in Gold ETF and mutual fund.
But I beg the different when it comes to BTC $Bitcoin (BTC.CC)$ which some claimed it's like Gold due to its scarcity. The main difference between Gold and cryptocurrency is the latter is not regulated and can be subjected to exchanger collapsed or 'bank run' or fraud. Do your own due diligent before you invest.
Gold a good way to diversify portfolio
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
4
18
+0
4
Translate
Report
86K Views
Comment
Sign in to post a comment
avatar
ZnWC
Positive sum 🥂 Balanced view ⚖️ Trader
I reflect trading experience by writing journals. My posts and comments are for education purpose not financial advice.
3607
Followers
107
Following
13K
Visitors
Follow
Discussing
Trump 2.0 Era: How will global markets evolve?
🎙️Discussion: 1. How will tariff policies affect the movement of key assets such as U.S. stocks, gold, and Bitcoin? 2. Given this context, Show More