DIGIT
DIGIT - Gold mining solution How can we use gold in the modern world? There are various reasons to invest in this metal, especially today when you can choose the most convenient way to buy and store gold according to your needs. Let's consider them. 3 important reasons for buying gold There are 3 common reasons for buying gold for investors: they use this actively as a hedge, a safe place or a direct investment. Let's see how this reason can benefit you. Gold as a hedge. Hedging is an investment that offset losses in other asset classes. Some people buy gold to hedge against falling costs of certain currencies, especially the US dollar. Gold is the best hedge against falling stock markets, according to statistics in different historical periods. For example, the cost of gold increased from $ 347.20 to $ 833.75 per ounce between 2002 and 2007. At the same time, the price of the dollar fell 40% against the euro. Gold as a safe place. Safe haven is an instrument to pr