📈💰【Financial News】Despite Tuesday's stock market decline and market volatility in early August, U.S. stocks have performed well overall this year, but gold has performed even better! Gold prices rose by about 30% last year, while the S&P 500 rose by only about 23%. The spot price of gold has exceeded $2,500, which is slightly lower than the historical high, but still strong.

💡Gold has always been seen as a safe haven asset and a hedge against inflation. Rob Horwath, senior vice president of U.S. Bank, said the current environment is different from the past 30 years, and both stock and gold investors have received generous returns.

📊Novice investors can buy physical gold through banks, brokers or Costco, or choose exchange-traded funds such as SPDR Gold Shares to avoid the hassles and costs of storing gold.

🌟 Horwath pointed out that the increase in central bank purchases of gold is an important factor in the rise in gold prices, especially the large purchases by the People's Bank of China in the past 18 months, aimed at reducing dependence on the US dollar.

🤔Will gold prices continue to rise? Haworth believes that investing in gold has certain strategic value, but in the long run, it is not clear how gold will contribute to personal financial planning.

📢What do you think about the future trend of gold? Feel free to share your views in the comments section!#Finance#Gold#Investment#Stock Market #Blockchain