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

Kód výsledku v 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>

Výsledek na webu

<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>

Jazyk výsledku

angličtina

Název v původním jazyce

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

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

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

Popis výsledku anglicky

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.

Druh

D - Stať ve sborníku

CEP obor

—

OECD FORD obor

50206 - Finance

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2020

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Proceedings of the international scientific conference Hradec Economic Days 2020

ISBN

978-80-7435-776-3

ISSN

2464-6059

e-ISSN

2464-6067

Počet stran výsledku

8

Strana od-do

382-389

Název nakladatele

University of Hradec Králové

Místo vydání

Hradec Králové

Místo konání akce

Hradec Králové

Datum konání akce

2. 4. 2020

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000568108700042