"Gold is the oldest precious metal known to man and for thousands of years it has been valued as a global currency, a commodity, an investment and simply an object of beauty. "
Investors purchase gold for a variety of reasons. Primary ones are to Hedge against inflation, Hedge against global instability Speculate on demand growth, Portfolio diversification. Gold represents a viable way to hedge against the largest global economy, the United States. Unlike fiat currencies, gold maintains its purchasing power in periods of inflation.