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Home » Investing Wisely | Is it worth adding gold or silver to your portfolio right now?
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Investing Wisely | Is it worth adding gold or silver to your portfolio right now?

adminBy adminApril 22, 2024No Comments1 Min Read1 Views
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Investing Wisely | Is it worth adding gold or silver to your portfolio right now?




Why gold continues to shine as an investment vehicle

Gold has long been an important element of financial diversification due to its low correlation with the stock market.

Its performance is usually very fluid, providing a safe haven, especially during times of turmoil. This yellow metal has achieved a compound annual growth rate (CAGR) of 8.86% over the past 20 years (according to his Statista report for March 2024).

Nevertheless, it may be worth noting that silver typically outperforms gold during bull market phases for precious metals.

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