Gold is a safe-heaven investment, especially during crisis. The coronavirus pandemic causes investors to pile into gold. The current gold prices reflect an increase of 535% since 2000, according to the article here. The analysts expect prices to breakthrough the USD$1,800 per ounce soon.
Why the sudden rush to gold? Two reasons. Both are economics.
First, gold as a store of value.
Second, gold as a store of wealth.
How much should you allocate you portfolio to gold? Experts say 5% to 10%.
Whatever you want to do, seek advice. Read. Do a bit of Research.
![Gold Prices - 100 Year Historical Chart | MacroTrends](https://www.macrotrends.net/assets/images/large/historical-gold-prices-100-year-chart.png)
![Gold Price History | Historical Gold Prices | SD Bullion](https://sdbullion.com/media/wysiwyg/gold-price/Gold_Bull_Market_1970_1980_Gold_price_history_historical_gold_prices_SD_Bullion_SDBullion.com.png)
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