Monday, September 25, 2023
  • Nasdaq FintechZoom
  • Dow Jones FintechZoom
  • Gold Price FintechZoom
  • Luxury FintechZoom
  • Investment FintechZoom
  • Money FintechZoom
  • Silver Price FintechZoom
[email protected]
 FintechZoom
  • MARKETS
    • Trading
    • Stock Futures
    • Exchange Traded Fund (ETF)
    • Best Stocks To Buy Now
    • Penny Stocks
    • Forex Market
    • Bonds & Rates
    • Stock Market Guides
    • Commodities
      • Brent Crude Oil Price
      • WTI Crude Oil Price
    • Breaking Stock Market News
    • Reviews in Stock Market
    • Asian Markets
    • European Markets
    • US Markets
  • WORLD INDICES
    • DAX PERFORMANCE-INDEX
    • Russel 2000 (RUT)
    • STOXX Europe 600 (SXXP)
    • Euro Stoxx 50
    • CAC 40 Index (FCHI)
    • FTSE 100 Index
    • Nikkei 225 Index
    • HSI – Hang Seng Index
    • NSE Nifty 50 Index
    • NASDAQ Composite Index
    • Dow Jones (INDEXDJX: .DJI)
    • S&P 500 Index
    • ASX – Australian
    • Shanghai Index (SSE)
  • BUSINESS
  • CRYPTO
    • Metaverse
    • Tokens
    • Crypto Reviews
    • NFT : Non-Fungible Tokens
    • Stablecoins
    • Blockchain
    • Ethereum
    • Buy Bitcoin
    • Best Crypto
    • Bitcoin
    • Altcoins
  • MONEY
    • Insurance
    • Taxes
    • Mortgages
    • Loans
    • Personal Finances
    • Credit Cards
    • Interest Rates
  • BANKING
    • Banks Near Me
    • Payments
    • ATM Near me
    • Best Banks
    • Banks Guides
    • Transfer Money Online
    • Mobile Banking
    • Digital Bank
    • Secure Bank Login
  • TECH
    • Social Media
    • Login
    • Error Pages
    • Is It Down?
    • Download
    • Settings
  • LUXURY
    • Luxury Food & Drink
    • Luxury Watches
    • Luxury Cars
    • Luxury Style
    • Luxury Motors
    • Luxury Travel
    • Luxury Tech
  • LIFESTYLE
    • Travel
    • Entertainment
    • Health
    • Cars
    • Near Me
    • Life
    • Weather Tomorrow
  • INVESTMENT
    • Real Estate
    • Famous Investors
  • ABOUT US
    • Why Fintech Zoom?
    • What is FintechZoom?
    • Advertise with Us
    • Careers in FintechZoom: Carving Your Path
    • Fintech Zoom Logo
    • FintechZoom PRO
    • FintechZoom Contacts: Best Ways to Connect with FintechZoom
No Result
View All Result
  • MARKETS
    • Trading
    • Stock Futures
    • Exchange Traded Fund (ETF)
    • Best Stocks To Buy Now
    • Penny Stocks
    • Forex Market
    • Bonds & Rates
    • Stock Market Guides
    • Commodities
      • Brent Crude Oil Price
      • WTI Crude Oil Price
    • Breaking Stock Market News
    • Reviews in Stock Market
    • Asian Markets
    • European Markets
    • US Markets
  • WORLD INDICES
    • DAX PERFORMANCE-INDEX
    • Russel 2000 (RUT)
    • STOXX Europe 600 (SXXP)
    • Euro Stoxx 50
    • CAC 40 Index (FCHI)
    • FTSE 100 Index
    • Nikkei 225 Index
    • HSI – Hang Seng Index
    • NSE Nifty 50 Index
    • NASDAQ Composite Index
    • Dow Jones (INDEXDJX: .DJI)
    • S&P 500 Index
    • ASX – Australian
    • Shanghai Index (SSE)
  • BUSINESS
  • CRYPTO
    • Metaverse
    • Tokens
    • Crypto Reviews
    • NFT : Non-Fungible Tokens
    • Stablecoins
    • Blockchain
    • Ethereum
    • Buy Bitcoin
    • Best Crypto
    • Bitcoin
    • Altcoins
  • MONEY
    • Insurance
    • Taxes
    • Mortgages
    • Loans
    • Personal Finances
    • Credit Cards
    • Interest Rates
  • BANKING
    • Banks Near Me
    • Payments
    • ATM Near me
    • Best Banks
    • Banks Guides
    • Transfer Money Online
    • Mobile Banking
    • Digital Bank
    • Secure Bank Login
  • TECH
    • Social Media
    • Login
    • Error Pages
    • Is It Down?
    • Download
    • Settings
  • LUXURY
    • Luxury Food & Drink
    • Luxury Watches
    • Luxury Cars
    • Luxury Style
    • Luxury Motors
    • Luxury Travel
    • Luxury Tech
  • LIFESTYLE
    • Travel
    • Entertainment
    • Health
    • Cars
    • Near Me
    • Life
    • Weather Tomorrow
  • INVESTMENT
    • Real Estate
    • Famous Investors
  • ABOUT US
    • Why Fintech Zoom?
    • What is FintechZoom?
    • Advertise with Us
    • Careers in FintechZoom: Carving Your Path
    • Fintech Zoom Logo
    • FintechZoom PRO
    • FintechZoom Contacts: Best Ways to Connect with FintechZoom
No Result
View All Result
FintechZoom
No Result
View All Result

The future for gold prices and the market

Aneta Larkins by Aneta Larkins
July 7, 2022
in Gold Price Today, Hot Investments
0

Home » The future for gold prices and the market

You probably heard it from your parents or relatives, save money and invest into things like gold. But what is the future actually looking like for gold and the market? Unlike what you’ve been told, gold might not be the best investment for you. However, it is true that an investment in gold is good for 95% of the population. It’s mainly a hedge fund against inflation. Put in layman’s terms, hedge funds are protection methods or tools against things like inflation or recession. 

Inflation is something that affects everyone and their households. Even the ultra rich people in the world don’t like seeing their money get devalued. Inflation peaked in Turkey at 73.3% in may 2022. The average inflation rate in Turkey over the year of 2021 was 19.6% meaning an item in a store that cost 100€/£/$ in January of 2021 would have been priced at 119.6€/£/$ in January of 2022. Thus in essence your money or your “buying power” is going down. 

Gold’s 50-year return is +4.084%, so 1 Euro/Pound/Dollar invested in gold would be worth a mere 4,000 today. But that is a gross return. Adjusted to the current inflation, that would now be worth a net 3420€/£/$ since the cost of living went up 600% in 50 years. However, do know that gold can fluctuate a lot on a short term basis. But that makes it a perfect investment for people to keep the worth of their money, beat inflation and get a nice profit on it as well. 

What is the future looking like for gold now?

This is a question nobody on this planet could answer with any certainty. But There are people out there whose job is to analyse graphs and averages all day, day in and day out. They become masters of predicting prices and market timings. There are websites for this that are a one-stop shop for investors all around the world. Read more about them in the article that talks about gold price predictions for next 5 years. 

But logically thinking, the metal gold is a finite resource. So logically, it should go up and keep going up in price since we are running out of places to physically dig the metal from. So, at some time in the future, all the gold in the world is going to be dug up or mined, so the circulation is limited. 

However, saying that we will run out of gold one day would be a bit incorrect since there would always be a set amount in circulation and then the ultra rich will be fighting for it. 

RelatedPosts on FintechZoom

EU Lawmakers Greenlight Banks’ 2% Capital Allocation to Bitcoin

Bullish Engulfing Patterns: Identifying Profitable Entry Points

The Importance of Due Diligence: A Guide for Investors

Which is the Best Mutual Fund to Invest and Why?

What Knowledge do I Need to Start Investing in the Stock Market?

How Should a Young Person Invest Money for Long-Term Financial Success?

Saying that we will run out of new gold would be correct. Also, in our modern day and age, we see a lot of recycling happening around the world so gold is getting recycled everywhere, in watches, electronics and others. 

Conclusion

Should you invest in gold? Well, if you are looking for a long-term investment that you can hand out to your children or grandchildren, then yes! Gold is definitely a wealth builder in that sense. Also we talked about how it protects you against currency instability and inflation. 

You can see amazing returns on gold over a course of 20 years, or even less. But gold investments under 5-7 years are not really worth it, looking at the data. 

We also talked about how some people make it their job to analyse all this data daily and report the result to help people know how things are looking like. But once again, nobody can give a prediction with 100% certainty. 

Other things to invest in over the long-term would be real estate. We have seen a rise of 12,000% over 50 years in real estate.

Aneta Larkins

Aneta Larkins

Aneta is a staff writer covering money content, including personal finances, savings accounts, taxes, loans, mortgages, credit cards, interest rates and insurances for FintechZoom. Contact: [email protected].

Related Posts

EU Lawmakers Greenlight Banks 2 Capital Allocation to Bitcoin | FintechZoom

EU Lawmakers Greenlight Banks’ 2% Capital Allocation to Bitcoin

August 24, 2023
Candlestick patterns | FintechZoom

Bullish Engulfing Patterns: Identifying Profitable Entry Points

August 23, 2023

The Importance of Due Diligence: A Guide for Investors

August 13, 2023

Which is the Best Mutual Fund to Invest and Why?

August 7, 2023

What Knowledge do I Need to Start Investing in the Stock Market?

August 6, 2023

How Should a Young Person Invest Money for Long-Term Financial Success?

August 6, 2023

Demystifying Venture Capital: A Comprehensive Guide for Startups

June 22, 2023

How to Use Dave Ramsey Investment Calculator to Achieve Your Financial Goals

April 21, 2023

The Power of Private Equity: How it Drives Growth and Innovation

April 20, 2023
Next Post
Stock Market Dashboard

EU Stocks climbed +1.90% (STOXX600) and GBP/USD +0.58%.

Ryzen Processor

Cloud Computing Service - The Complete Guide

Luxury Hotel Room

Three Hotel Brands for Investors to Keep an Eye On

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • About Us
  • Advertise
  • Careers
  • Terms and Conditions
Call us: + 1 917 9939840

© 2016-2023 FINTECHZOOM

No Result
View All Result
  • MARKETS
    • Trading
    • Stock Futures
    • Exchange Traded Fund (ETF)
    • Best Stocks To Buy Now
    • Penny Stocks
    • Forex Market
    • Bonds & Rates
    • Stock Market Guides
    • Commodities
      • Brent Crude Oil Price
      • WTI Crude Oil Price
    • Breaking Stock Market News
    • Reviews in Stock Market
    • Asian Markets
    • European Markets
    • US Markets
  • WORLD INDICES
    • DAX PERFORMANCE-INDEX
    • Russel 2000 (RUT)
    • STOXX Europe 600 (SXXP)
    • Euro Stoxx 50
    • CAC 40 Index (FCHI)
    • FTSE 100 Index
    • Nikkei 225 Index
    • HSI – Hang Seng Index
    • NSE Nifty 50 Index
    • NASDAQ Composite Index
    • Dow Jones (INDEXDJX: .DJI)
    • S&P 500 Index
    • ASX – Australian
    • Shanghai Index (SSE)
  • BUSINESS
  • CRYPTO
    • Metaverse
    • Tokens
    • Crypto Reviews
    • NFT : Non-Fungible Tokens
    • Stablecoins
    • Blockchain
    • Ethereum
    • Buy Bitcoin
    • Best Crypto
    • Bitcoin
    • Altcoins
  • MONEY
    • Insurance
    • Taxes
    • Mortgages
    • Loans
    • Personal Finances
    • Credit Cards
    • Interest Rates
  • BANKING
    • Banks Near Me
    • Payments
    • ATM Near me
    • Best Banks
    • Banks Guides
    • Transfer Money Online
    • Mobile Banking
    • Digital Bank
    • Secure Bank Login
  • TECH
    • Social Media
    • Login
    • Error Pages
    • Is It Down?
    • Download
    • Settings
  • LUXURY
    • Luxury Food & Drink
    • Luxury Watches
    • Luxury Cars
    • Luxury Style
    • Luxury Motors
    • Luxury Travel
    • Luxury Tech
  • LIFESTYLE
    • Travel
    • Entertainment
    • Health
    • Cars
    • Near Me
    • Life
    • Weather Tomorrow
  • INVESTMENT
    • Real Estate
    • Famous Investors
  • ABOUT US
    • Why Fintech Zoom?
    • What is FintechZoom?
    • Advertise with Us
    • Careers in FintechZoom: Carving Your Path
    • Fintech Zoom Logo
    • FintechZoom PRO
    • FintechZoom Contacts: Best Ways to Connect with FintechZoom

© 2016-2023 FINTECHZOOM

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?