Golden advisor or gold as the oldest investment in the world

Gold is a precious metal of yellow color. Above all, it is one of the oldest investments in the world, which continues to prove its performance. Gold has unique properties, thanks to which its price continues to rise in the long term.

The popularity of gold stems from its rarity. According to estimates, there are approximately 250,000 tons of gold around the world. Only a fifth of this volume has not yet been mined. Most gold is mined in China, Russia, Australia or Canada. But the United States has by far the most of this precious metal.

"Did you know that if all the gold on Earth were mined, it would cover the entire surface of the planet by about 45 cm?"

However, the limited supply is only one of the factors that make gold a popular investment. The market values the precious metal for its attractive appearance, which makes gold popular in jewelry. In addition, gold is resistant to corrosion, and electronics manufacturers also use the metal for its specific properties.

Don't Miss: Why Invest in Gold?

Gold belongs to the precious metals, which are one of the four main groups of investment commodities. Other precious metals are silver, platinum, rhodium and palladium.

"The Czech Mint is one of the leading sellers of investment gold in the Czech Republic. We offer clients commemorative gold coins or medals. Put yourself in the hands of real experts.”

For a significant part of history, gold played the role of a means of payment. The first gold coins were minted before our era. The rulers liked the precious metal for its unique properties and difficult forgery. A monetary system where gold is the standard is called the gold standard.

In the past, currencies were directly linked to the value of gold and were thus backed by the precious metal. But the concept of the gold standard dissolved during the First World War, when countries needed to print more money.

After the Second World War, a similar gold standard came into force, when the US dollar was backed by precious metal in a certain proportion. But the Bretton Woods monetary system ended in 1971. Since then, national currencies have been backed only by the trust of citizens. In the next part of the investment guide, we will deal with the historical performance of investment gold.

Czech Mint in Jablonec na Nisou

The Czech Mint is not only one of the leading sellers of investment gold. It also focuses on gift coins and medals, which are intended for various occasions such as newborn babies, newlyweds or school graduates, and it is possible to engrave a personal dedication on them. Gold and silver have been symbols of luxury for thousands of years, granting people power, enabling them to build and destroy empires, arouse the interest of beautiful women and pursue their dreams. Thanks to the Czech Mint, one no longer has to be an Egyptian pharaoh or a Caribbean pirate to enjoy the shine of the precious metal and the benefits it brings. See for yourself at ceskamincovna.cz.