What Are The Safe Haven Characteristics Of Gold As An Asset?

Gold is undoubtedly one of the strongest investment options available, particularly for those seeking higher returns with little risk. This is why it is viewed as a safe harbour asset among investors. However, there are various reasons why it has been given the specific term. Gold is widely seen as a safe space in times of economic or political turmoil because, unlike fiat currencies or other credit-risk commodities, it is not in danger of becoming useless. For many years, gold has been seen as a reserve currency, and since it has traditionally retained its worth over time, it has been used as a type of protection against catastrophic economic occurrences.

Leave a Comment