Gold as an Investment
The most popular investment of all the precious metals is Gold. It's used by many investors as a safe haven against political or economic crises such as national debt, inflation and currency failure. Due to it being a highly speculated market, prices can drop or inflate on a whim. Throughout history gold has been used as money and a marker for value. Since 1970 gold price per ounce has risen steadily until it jumped from a median of one hundred and forty dollars in 1975 to five hundred and ninety dollars in 1980. It decreased to three hundred and ninety one dollars in 1985 and steadily rose until it hit an all-time high in 2010 with a fourteen hundred dollar per ounce price. Many investors foresee this price decreasing to about one thousand dollars per ounce once the economy stabilizes. Gold bars are the most traditional form of consumer investment in gold. The most common bar is a 1 troy ounce 31 gram bar. Another popular way consumers invest is through gold coins which tend to increase in value over time. Gold will continue to be a standard of value. Overtime history has proven that investments in gold increase greater than the same amount of investment in stocks and bonds.