You are viewing a single comment's thread from:

RE: LeoThread 2025-01-12 05:27

in LeoFinance3 days ago

Part 2/8:

Gold has long been revered as a safeguard against inflation. Unlike fiat currency, which can be printed without limits, gold is a finite resource and has been a form of value exchange since ancient times. Currently, the value of one gram of gold hovers around £62, while a coin might cost around £2,000. Historically, gold's average price increases approximately 10% per year, consistently outpacing inflation rates. During economic downturns, gold typically witnesses surges in value as investors flock to that perceived stability.