Published: 2020.11.24. Degussa: the price of gold always rises during crises

Degussa: the price of gold always rises during crises - Preview

The history of gold goes back many millennia. Precious metal accompanies humanity for almost the entire period of its existence. People have always chosen the yellow precious metal when they wanted freedom. Gold is considered "good money", which is better accumulated for the future, but at first it served as a means of payment and exchange.
Since its inception in human life, gold has never disappointed anyone. But if you look at the history of paper money of any state, you can see that money comes and goes, but gold remains. Therefore, the probable future can be predicted. Most likely, central banks will continue to reduce the purchasing power of their currencies. This is one of the important reasons why investors should gradually build up their positions in physical gold bullion and coins.