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Author: Melissa Davies
Gold shapes as a safe haven in these turbulent times.
Demand for gold is increasing sharply as the economic consequences of recent fighting between Palestine and Israel remain uncertain.
More New Zealanders are choosing to buy gold after the re-emergence of war in the historically volatile region.
On the 6th of October, the spot price of gold was $3069. On the 15th of October it had spiked to $3293.09 – more than a 7% increase in just over a week. ”
Investor says gold outperformed property over the last 25 years.
Ten years ago, Mike Hamilton was a successful businessman – but he’d “had enough of the world; I just wanted to get out of the zoo, to find some peace in my life, to do my own thing and use my head.”
Navigating the economy: Is gold the answer?
History has shown gold to be a steady investment worth keeping; it’s now proving its value again in a difficult market.
Continue reading It’s gold for a reason: Enduring value shines through recession