Investing in Gold: Good or Bad Choice? 20-Year History

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62690094%3A18450%2F20%3A50016860" target="_blank" >RIV/62690094:18450/20:50016860 - isvavai.cz</a>
Result on the web
<a href="https://uni.uhk.cz/hed/site/assets/files/1074/proceedings_2020_1-1.pdf" target="_blank" >https://uni.uhk.cz/hed/site/assets/files/1074/proceedings_2020_1-1.pdf</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.36689/uhk/hed/2020-01-044" target="_blank" >10.36689/uhk/hed/2020-01-044</a>

Result language
angličtina
Original language name
Investing in Gold: Good or Bad Choice? 20-Year History
Original language description
In times of prosperity and economic growth, many people can save part of their income. At the same time, people are increasingly considering where to put their savings. Perhaps the most important factor in this is appreciation rate - while in bank accounts these interest rates do not exceed the level of inflation, alternative forms of investment may offer higher appreciation rates. The aim of this paper is to assess the benefits of investing in physical gold in the period from 2000 to 2019. It turns out that although investing in gold is referred to as long-term, and hedging rather than investment, the opposite is true. In the last twenty years, there have been only a small number of cases where an investor would not profit by buying in gold. In the vast majority of cases, it would reach an average annual appreciation of around 9% p.a., except for only a few years, when the gold price reached its maximum values. Generally, it can be stated that if an investor does not have enough information and does not want to entrust his / her savings to investing with the bank, purchasing physical gold will not make a mistake with a few exceptions. This exception is mostly easy to recognize - everyone will know that the price of gold reaches new maximum values.
Czech name
—
Czech description
—

Publication year
2020
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Proceedings of the international scientific conference Hradec Economic Days 2020
ISBN
978-80-7435-776-3
ISSN
2464-6059
e-ISSN
2464-6067
Number of pages
8
Pages from-to
382-389
Publisher name
University of Hradec Králové
Place of publication
Hradec Králové
Event location
Hradec Králové
Event date
Apr 2, 2020
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000568108700042

Similar results(10)