It is an economic fact of life that when people are feeling a high degree of uncertainty about their futures that they prefer to deal in known quantities. This means that when people are considering making investments when things do not have such a rosy outlook, they will turn to tried and true commodities. Given that gold has been the hallmark of value for several thousand years, it is no surprise that the demand for this precious metal is now on the rise.
The amount that is currently paid for gold, as reflected in the gold prices per ounce from Monex, is at some of its most high historic levels. Much of this can be traced back to the fact that people are feeling exceptionally wary of what the future will hold. And no wonder that they would, what with the world’s economy in disarray and the uncertain political climate and the threats of terrorism that we all live under. Given these circumstances, the high demand for gold only makes sense.
As many studies conducted all over the globe have told us, and as many market experts confirm, the price of gold rises during these types of trying times. This thus gives credence to the idea that gold values would be rising in today’s world markets. The price charts that provide gold prices per ounce from Monex demonstrate that rising prices paid for gold are indeed a reality.
Thus, it behooves any person looking to build his or her investment portfolio to look into the purchase of gold, whether as gold coins or bars. Just how much you should invest into the precious metals commodities market will depend on your need to diversify your portfolio. It is generally considered sound advice to spend about 10 to 20 percent of your available capital on such tangible goods as silver, platinum, or gold. This wisdom is based on the fact that gold provides a hedge against such things as inflation and the decline in value of the U.S. dollar.
In doing so, you will not only stand to make good profits, considering that all indications point toward continued and future growth in gold value, you will also be providing yourself, and your family, with a bit of piece of mind. You can remain certain that your gold investment will grow in value, no matter what the future may hold.