With increasing financial uncertainty, people are jumping into gold (GC=F). And gold is responding with recent all-time highs. However, if you’ve started tracking the price of gold, you’ll see it drop just as fast as it spins up.
Gold prices are notoriously volatile. If you want to invest in gold, you need to get comfortable with it.
Gold does not behave like cash, stocks, or bonds — and that is exactly what you’re looking for in an alternative asset. Let’s explore what you need to know by explaining the gold investing process in four steps.
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