Could Gold Bars Be A Safe Haven Investment? Here’s The Return You Can Expect On Gold

Screenshot-2024-06-13-at-9.25.56 AM

Advantage Gold allows you to invest in gold and other precious metals through a Gold IRA.

Investors have turned to precious metals throughout American history when the economy faltered or inflation surged. Given the current economic downturn and rising inflation, combined with declining consumer confidence, it makes sense that investors are once again looking to precious metals as a hedge.

Between December 1978 and April 2024, the Gold spot price index (USD) achieved a compound annual growth rate of 5.27%, with a standard deviation of 18.03% and a Sharpe ratio of 0.33. While gold hasn’t outperformed other popular asset classes, it has remained a reliable safe haven. Its stable value ensures ongoing demand, protects against inflation, and diversifies investors' portfolios.

>> Click Here To Get Your Free Gold IRA Guide Now

Advantage Gold might be the perfect company for your needs if you're looking to diversify your investment portfolio. This online platform has been voted the #1 Trusted Gold IRA Company by TrustLink eight times, an organization that compiles customer reviews for thousands of businesses annually. Despite its name, Advantage Gold offers a full array of precious metals for investors to add to their portfolios. Beyond Gold IRAs and Silver IRAs, you can purchase the following metals through Advantage Gold:

  • Gold
  • Platinum
  • Silver
  • Palladium

Advantage Gold provides IRA-approved coins and bullion, ensuring that the coins offered are of investment grade and high purity. Specifically, the coins available for Gold or Silver IRAs meet the required 99.5% purity standard for IRA investments.

Many platforms offer gold and silver coins but fail to meet the high purity standards for IRA thresholds. This distinction is crucial for regular investors interested in purchasing precious metals because higher-purity coins hold greater value and are easier to liquidate when needed without recalculating the precious metal content.

For coin collectors, Advantage Gold offers a wide selection of coins minted in precious metals from around the world. Advantage Gold’s diverse range of metals and coins makes it a highly trusted and top-tier investment platform for those looking to get into precious metals investing. 

Learn more about investing with Advantage Gold.

Read More On Gold Investing From Benzinga

Disclaimer: Please be advised that alternative investments carry a risk of monetary loss. Neither Benzinga nor its staff recommends that you buy, sell, or hold any security. We do not offer investment advice, personalized or otherwise. All information contained on this website is provided as general commentary for informative and entertainment purposes and does not constitute investment advice. Benzinga will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on this information, whether specifically stated in the above Terms of Service or otherwise. Benzinga recommends that you conduct your own due diligence and consult a certified financial professional for personalized advice about your financial situation.