THE gold It remains the absolute secure shelter with its price recording a rise of over 30% since the beginning of the year, a yield that far exceeds the brokerage indicators, while in real terms (with inflation) Rally is reminiscent of 1979 – 1980.
Gold, adapted to inflation, surpassed the historical high of January 1980, reaching $ 3,643/ounce. The price of gold has been 14th from 2000: The $ 10,000 invested then have become $ 140,000 today. In the last five years, gold has been overwhelmed by Nasdaq, surpassing global technology giants.
Historically, gold has served as the ultimate compensation over inflation. If inflation escapes, correction may come. Also if the Fed delayed interest rate reductions, the price can be pressed. On the contrary, a new crisis or rejuvenation of geopolitical tensions could lead gold to a new record.
Uncertainties, political, geopolitical, economic favor gold as he is regarded as asset of safe shelterthat is, investments that are expected to maintain or increase their value in periods of volatility and declines on the market. Gold is also reinforced in periods of high inflation such as those of recent years.
Historically, gold has had a negative correlation with shares and other financial instruments, but in recent years this rule is not … respected.
There is generally a reverse relationship between gold and dollar prices. When the value of the dollar decreases, gold prices tend to increase. On the other hand, when the dollar increases in value, gold prices tend to decline.
Central banks have also contributed to the rise of the “yellow metal”. The largest gold buyers in the world are central banks. In 2024 they added more than 1,200 tonnes to their stocks, to the largest annual increase in stocks for at least 50 years.
Global positions on gold ETFS recorded $ 5.5 billion in August third consecutive month.
Many big investment houses are constantly seeing the rally. ‘Taurus’ for gold denotes The Swiss UBS “sees” the rally up to $ 4,000. As UBS notes, a decrease in real returns while inflation is increased due to duties and the Fed reduces interest rates, in combination with the weaker dollar, will benefit gold prices.
Goldman Sachs sees $ 3,700 at the end of 2025, $ 4,000 in 2026, while under conditions and $ 5,000 in 2027 and JP Morgan the $ 4,000 to the second quarter 2026.
Gold pound
A second way is the golden pound. In mid -January The price of the gold pound broke the barrier of 700 eurosrecording another historic record and continued up to 826 euros (sale price from the BoG) last Thursday. The price has increased over 15% from the beginning of the year.
At the same time, the market price from the BoG is 705 euros with the spread between market and sale price exceeds 100 euros, a “prohibitive” spread for precious metal, at least in terms of its natural form.
Those who wish to buy and sell gold pounds from the Bank of Greece (BoG) should be aware that any transaction, regardless of the amount, is required to show the demonstration
- of the ID or Passport Police Card in force and
- Original Public Document (eg Clearing Tax Office) or recent Utilities Account, where the customer’s VAT ID is listed.
For transactions of up to EUR 10,000, including the amount of the commission, the prices of the prices issued by the BoG and which is posted on its website apply. Each price card is valid until the newer version. In the case of a transaction of up to EUR 10,000, including the supply of a bank check, the amount of the check should not exceed EUR 9,500 (the balance is paid in cash). For transactions of more than 10,000 euros, the price is determined on the basis of the current gold price at the time of transaction. For transactions of more than 500 euros, the payment is made to the directory by direct transfer of credit or by submitting a bank check to order the customer or with a POS card.
Negotiable mutual funds of gold
There are also many negotiable gold funds (ETF). Some ETF gold focus on the folds of gold as commodity, such as price fluctuations. Others will invest in gold industry companies. With gold ETFs, you do not possess the natural commodity, but rather small amounts of gold -related assets in a single share.
Another popular way of investing in gold is through future gold or other leverage products, where the underlying asset is gold. Future fulfillment contracts and leverage products are complex means and may be at a high risk of losing your investment or more. It is a form of investment for professionals more than for simple investors.
Shares of gold mining companies
You can also invest in gold mining shares. This is a more indirect way of investing gold, as you do not have gold personally. The value of gold mining shares usually fluctuates, closely following the price of gold.
However, there may be price fluctuations and additional estimates, such as company financial data or other mining issues. If you invest in natural gold, the only income you receive from gold is profit if gold prices increase over the purchase price. However, some shares of gold mining companies, for example, pay dividends, so passive income can be made.