Gold offers unique benefits to investors, but is it too risky to buy 1-ounce gold bars now? Here's what to know.
As the nation continues to grapple with high and persistent inflation, elevated interest rates, geopolitical tensions and other uncertainties, many investors are turning to gold to protect their portfolios. And that makes sense, as the precious metal's intrinsic value and scarcity have historically made it a reliable hedge against inflation and other economic issues. And, as more investors flock to gold, the uptick in demand has been causing the price of gold to skyrocket.
For example, their smaller size and lower price point compared to larger gold bars make them more accessible to a broader range of investors, allowing for portfolio diversification without requiring a significant upfront capital outlay. These bars are also widely recognized and easily tradable, ensuring liquidity when the need arises.
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