Gold has long been seen as a safe haven asset, especially during times of crisis. Its ability to retain value when other investments falter has earned it the reputation of a “doomsday asset.”
Physical gold, in particular, stands out for its portability and reliability, while gold-backed ETFs appeal to those seeking liquidity and short-term trading opportunities.
So how should investors navigate these options? And why is gold such a critical hedge in uncertain times?
On The Wealth Tracker, Hongbin Jeong speaks with Alvin Chow, Assistant Director of Investment Advisory at iFast Global Markets to find out more.