This causes investors to seek to park their wealth on more finite assets, such as real estate, art and gold. As a result, many investors in the United States consider gold to be a way to protect themselves against a similar decision made by the Federal Reserve. If you are considering investing in gold, you should research how to set up a Gold IRA, as this is one of the most popular ways to invest in gold. Your personal goals and your research will determine if gold is the right investment for you. Although the supply of gold is very stable, global events surrounding gold can vary greatly and cause changes in the price of gold.
Your decision to invest in gold should be based on your risk tolerance, investment objectives, portfolio composition and market experience. All of these large-scale events increase both volatility and uncertainty in the markets, putting downward pressure on gold prices. Extracting and refining gold is a labor-intensive process, so the annual supply of gold is increasing at a very slow and steady rate, meaning there are no surprises in the market. For example, if you think there is a bull market for gold, you can add a little more to your gold stocks.