Gold & the Economy

From Gold & the Economy

Gold’s Price for Investors

The Benefits of Owning Gold in Canada: Hedging Against Inflation and Market Volatility

For thousands of years, gold has been valued by humanity for its beauty and scarcity. The first known use of gold as currency dates to around 700 B.C., when the first coins were produced by the merchants of Lydia, an Iron Age kingdom of Western Asia Minor. Made from a mixture of gold and silver known as electrum, these coins were simple lumps that had been stamped to identify them as currency.

Whether it’s exchanged as money, turned into jewellery, or used in modern electrical and technology applications, gold has remained a highly sought-after precious metal. Today, people are again turning to gold as an investment, but what makes gold so important and is it worth buying?

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