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Why does price of gold rises in time of crisis?

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During crisis investor shy away from investing in stock, equity etc because that already seems to be a losing proposition. Because of this lack of confidence in currency, people switch to commodities. read more

Gold has a 5000 year history as being the currency of choice. It has no counter party risk, and has always had value. Despite what the stock barons say, gold will ALWAYS have value. read more

During this time, gold prices fell by about 25% and subsequently recovered all losses. This was a scary ride for anyone holding gold at the time, but it’s an incomplete view of gold’s performance during the crisis. read more

Hoarding gold is a centuries-old reaction to times of crisis, and the aftermath of the EU referendum vote is no different. Hoarding gold is a centuries-old reaction to times of crisis, and the aftermath of the EU referendum vote is no different. read more

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