One of the most popular safe-haven assets on the market, gold maintained its privileged position well into 2024, when its value recorded all-time highs. The growing interest in this metal, worldwide, is easy to see – its price has increased since the end of 2023 by 21%, as a result of high market demands, especially from central banks and investors. But gold is also a preferred investment by small investors, by all those who are attracted by the security that this asset brings. Buying gold jewelry is a popular method of securing savings. Along with this, gold bars and coins bring significant advantages to those who want to diversify their portfolio or protect themselves from inflation and losses of any other nature
“One can opt for ingots of different weights, starting from 2 grams, up to even 100 grams,” says Cosmin Popovici, CEO of CreditAmanet, the company that manages the most diversified trading platform for gold, electronics, jewelry in new gold as well as luxury products. “Gold bars have the advantage that they can be immediately converted into liquid assets. In fact, the product with the highest value traded in recent years at CreditAmanet was a 2.5 kg gold ingot”, says the representative of the Romanian company.
Prospects for gold price growth make this safety asset even more attractive. Thus, if in December 2023 the price of gold was approximately 60,000 euros/kilogram ($2,066/ounce), the historical maximum recorded this year was 72,500 euros/kg ($2,390/ounce), which means an increase of 12,500 euros/ kilogram. Attractive due to its stable value, easy to trade anywhere in the world at any time, safe protection against inflation, gold has been one of the most sought-after assets due to its obvious advantages. Here are just 5 of them.
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