Gold Delivered 25% Profits Year-On-Year For 25 Years
Gold has been a store of value for thousands of years and its glitter barely dimmed over the last few centuries. The precious metal is the most accumulated asset across the world as its price keeps inching forward every year. The commodity is also a safe haven for investors as GOLD acts as a hedge against inflation under economic turmoil delivering profits. This puts the commodity on a pedestal and is among the most sought-after investments in the markets. Also Read: 36 Countries Apply To Join BRICS Alliance in 2024 Now let’s walk back 25 years and look at how Gold Prices fared over the last two and a half decades. It is been relentlessly pumping profits to investors who took an entry position for the long term. In this article, we will highlight how much profits GOLD delivered to investors from 1999 to 2024. Profits In Gold Between 1999 To 2024 Source: Watcher Guru The average price of gold was $278 per ounce in 1999 after it recovered from its all-time low of $25...