Gold as an investment
Of all the precious metals, gold is the most popular as an investment. Investors generally buy gold as a way of diversifying risk, especially through the use of futures contracts and derivatives. The gold market is subject to speculation and volatility as are other markets. Compared to other precious metals used for investment, gold has been the most effective safe haven across a number of countries.
| ISO 4217 | |
|---|---|
| Code | XAU (numeric: 959) |
| Unit | |
| Symbol | XAU |
| Demographics | |
| User(s) | Investors |
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