Gold : $3,189.36 -7.95
Silver : $41.49 +0.13
Platinum : $1,404.38 -1.30
Palladium : $1,324.33 -9.95

Is it smart to invest in gold?

Gold is often considered a safe-haven asset, which means it tends to hold its value or appreciate in times of economic uncertainty or inflation. It is also often used as a hedge against currency fluctuations and geopolitical risks.

However, like any investment, there are risks associated with investing in gold. Its value can be volatile, and it does not generate income like stocks or bonds. Additionally, there are costs associated with buying and storing physical gold. Since 2003 gold has increased in price by 417%, beating the stock market on a 20 year comparison.

If you are considering investing in gold, it is important to do your own research and understand the potential risks and benefits. You may also want to consider diversifying your portfolio with other types of investments to manage risk. It is always advisable to consult with a financial advisor or investment professional before making any investment decisions.

You can always count on Nugget Stacker to provide best pricing on your gold and silver with free shipping across Canada.

We also provide a monthly gold subscription that allows you to buy fractional gold till you obtain your full ounce. Once your 1 oz Royal Canadian Mint Gold Coin is obtained, we ship it to you!