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November 21, 2024
PI Global Investments
Gold

Weigh up this sustainable gold ETC from the Royal Mint


The price of gold has been on a tear this year; it had gained a fifth by the start of September. But its recent stellar performance notwithstanding, for many investors, gold is a vital piece of insurance in their portfolio. As the old saying goes: “Gold is money, everything else is credit.”

Gold is the only monetary system that has been with humanity for most of its history on earth. Therefore history and stability are the key reasons you buy and hold physical gold. Historically, if investors wanted exposure to gold, they would have had to purchase physical bullion themselves. This can be complicated and makes buying and selling to maintain a target weighting in a portfolio tricky.



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