Gold has traditionally been seen as a store of value, precisely because it is not subject to the whims of governments and central banks as currencies are. Gold prices are not influenced directly by either fiscal policy or monetary policy and would always be worth something, unlike a currency that could end up being almost worthless, for example; because of rampant inflation. Further, gold has an emotional attachment that can make it different from other investments.
LEARNING OUTCOMES
At the end of the course, you would be able to understand:-
- Gold as an Investment
- Returns from Gold Investment
- Investing in Gold
- Trading in Gold
What is Gold?
Gold is one of the most non-destructive, brilliant, and beautiful of metals. This unique set of qualities has made it a coveted object for most of human history in almost every civilization, and there have been active gold markets for over 6,000 years.
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