Home » today » Business » For many investors, gold is insurance in the event of a crisis For many investors, gold is insurance in the event of a crisis November 15, 2020 by world today news For most investors, gold is insurance in the event of a crisis. With the US elections and Covid-19, two global uncertainty factors are at work – but their effects are waning. — — This year, the gold price development was largely determined by the pandemic. Andreas Gebert / Bloomberg — The crisis year that is coming to an end is impressively reflected in the development of the gold price. Since the beginning of the year, the yellow metal, which has more than earned its safe-haven status over its long history, has appreciated almost 25% in dollar terms. In Swiss francs and in euros, the increase in value was around 20%. It did the best in a cross-comparison with other asset classes such as stocks or bonds and achieved the highest return in the last ten years. Was that it now, or will there be even higher prices in the next few years? – Related posts:Kensington Palace has urged Kate to come clean because of the threat of a leak. Who could betray Ka...Deputies Agree to Increase Excise Rate for E-Cigarette Liquid and Tobacco SubstitutesThe Ministry of Finance comments on the World Bank's decision not to serve Belarusian loansThe rejuvenated VW Arteon reveals Czech prices. How much do you pay extra for an attractive station...Share this:FacebookX Related President Donald Trump greets tens of thousands of supporters in Washington from his car, “tense calm” at the rally Coronavirus in New York: “We are the epicenter of the USA” Leave a Comment Cancel replyCommentName Email Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed. Search for: