For centuries, gold has been the preferred way of accumulating and securing wealth—and with good reason. Unlike other investment instruments, gold is a relatively low-risk investment option, as it predictably appreciates in value over time.
At Rush Gold, we’ve broken the traditional barriers of investing in and owning gold and have brought the power of gold into the palm of your hands with our revolutionary app—buy, sell, gift, and pay in gold with just a touch.
Precious, beautiful, and part of cultures and economies for centuries, gold is an object of desire for many, but is gold a good investment? This precious metal has often maintained its value throughout the centuries, setting the bar and symbolising wealth and power. Hence, many people all around the world consider that gold has the potential to be a good investment.
Why is it a good idea to have gold in your investment portfolio?
When considering investments, you may ask yourself, is gold a good investment? Gold investing is generally considered a dependable form of investment. If you are thinking about your future, then you’ll want to invest in something that is reliable and likely to sustain value in any economic crisis. In short, you want safe investments. Even when interest rates are low and currencies are in decline, gold has the potential to deliver strong returns. In addition, when share prices fall, this does not necessarily mean that gold will also lose value. In fact, it may hold its own or even increase in value in the face of the economy’s currency volatility and inflation. Gold is often perceived as a refuge in times of trouble or uncertainty.
Another reason to consider if gold is a good investment: introducing diversity into your financial portfolio is always welcome. As previously mentioned, gold has been known to do the opposite of the share market, so it may reduce risk in this situation and offer some insurance from a market fall. It is also likely that gold may retain its value in times of geopolitical uncertainty. This may make it one of the best SMSF investments.
Some of the reasons why to invest in gold include the following:
- It is a real asset, not like electronic money. It is tangible gold bullion that you buy digitally using Rush Gold, and it’s locked safely in a highly secure vault operated by Brink’s Global Services in Sydney, Australia.
- There is a finite supply, unlike cash that can be printed on demand. In fact, the availability of gold has been in decline in recent years. If gold is in finite supply, then this means that prices are more likely to increase.
- Gold generally holds its buying power and value, as seen through historical records.
- Whenever you want to sell it, there is likely always a market for it. In fact, demand for gold has increased, particularly in countries such as China and India.
- There is no counterparty, which you need when making paper investments such as ETFs.
What is the average rate of return for gold investments?
Over the past two decades, gold has followed the Australian housing market, showing similar returns to this other booming market. Although there has been some fluctuation in the rate of return for gold over the last twenty years, overall it could be considered that gold has been a good investment. This is because, in general, it has generated positive returns, with a high of almost 25% in 2020 and a trend of increasing prices since 2015. The average rate of returns does change, so it is important to keep a close eye on any investment.
How can I get higher returns from my gold investments?
When dealing with gold, to ensure that gold is a good investment and that you can access the potential for higher returns, you need to deal with a company you can trust. At Rush Gold, you have total ownership of your gold – actual, physical gold bullion in a vault that can be purchased digitally. Also, with Rush Gold, your gold is liquid in that you can buy and sell it easily and quickly at any time and in any amount. Furthermore, the funds you use for trading in gold are accessible via payment methods that are already in place so that money can move swiftly in and out of your bank account. This means that you are able to take advantage of any fluctuations in prices, potentially increasing the return on your investment. If you are buying gold as an investment, it’s a good idea to keep an eye on the current spot gold price, so you know when it’s a good time to buy or sell.
Another thing to consider when deciding if gold is a good investment and potentially accessing higher returns is that, when you buy gold, it should be authentic. Our gold is certified by the London Bullion Metal Exchange, so you know that you are investing in gold that can be trusted. Also, by buying gold digitally through Rush Gold, you can avoid the hassle of owning gold, such as security, transport, and insurance.
Once you have decided that gold is a good investment for your portfolio and you’d like to buy gold, then take a look at Rush Gold for online gold investing. Confused about where to buy gold and how to buy gold in Australia? Our app can be downloaded and you can create an account within minutes with no paperwork, no minimum purchase, and low transaction fees. The gold you buy is digitally available and easily managed via your phone. You can even send it to other people in seconds. Quick, easy, and digital – that’s the experience with Rush Gold.
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