Question
Why do people invest in gold and silver?
Answer
People invest in gold and silver primarily to preserve wealth, hedge against inflation, and diversify their portfolios. These precious metals are considered safe-haven assets, tending to hold or increase their value during economic downturns when other assets might falter. Their historical role as currency and store of value also contributes to their appeal.
From Gold vs Silver: Sandeep Maheshwari's Guide to Smart Investing by Sandeep Maheshwari
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