There are a few reasons why these small gold bars could be a good bet right now. Here's what to know.
Over the last few months, investor attention has been largely focused on one asset in particular: gold. While the precious metal has always had an allure for investors, this renewed attention is due, in large part, to gold's remarkable price journey so far in 2024.While gold is typically considered a long-term investment, the precious metal has recently bucked that trend, growing in value by hundreds of dollars since the start of the year. The yellow metal was trading at just $2,063.
Learn how the right gold investment could benefit you now.Liquidity advantages Gold is considered a liquid asset and 1-ounce gold bars offer exceptional liquidity. After all, 1-ounce gold bars are a globally standardized unit that is recognized and traded worldwide. This universal acceptance means you can easily sell these bars virtually anywhere, from local gold dealers to international markets.The 1-ounce size also strikes a perfect balance between value and practicality.
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