1. Investing
  2. Gold

Nervous About Inflation? 3 Reasons A Gold Investment Makes A lot Of Sense Right Now

Last Updated: Jun 13, 2022 | 3 min read
Advertising Disclosure
This article was made possible through advertising relationships with one or more of the advertisers listed on this page whose products and services we think our readers will find valuable. This article was written by our Ads team and doesn't necessarily reflect the views of Money's editorial team. Learn more about how we make money.
- Shutterstock / Money
Shutterstock / Money

Worried about inflation? You’re not alone!

That’s why more investors are considering Gold IRAs to diversify their portfolios.

As Money.com recently reported, “Inflation has been rising for months, thanks in part to a global supply chain disaster that has caused shortages and price increases.”

Your Gold IRA investments are held in a tax-deferred account. Essentially, this means that your contributions and gains will not be taxed.

Here are three reasons why investing in gold through a Gold IRA is the right financial move:

1. Safeguard against inflation

Investing in a Gold IRA will protect you against inflation because as the dollar goes down, gold has a tendency to increase in value because it's a dollar-denominated commodity.

Essentially, your gold account will serve as a safeguard against moves by the Federal Reserve that may have an impact on inflation and the economy.

Oxford Gold Group allows you to roll over your current IRA without any cost.

Receive your Free Investment Guide by clicking here and entering your information.

Ads by Money. We may be compensated if you click this ad.Ad
Make sure your hard-earned money is protected with a Gold IRA.
Gold IRAs help you protect your investments by providing the asset diversification and stability you need. Click on your state to get started.
HawaiiAlaskaFloridaSouth CarolinaGeorgiaAlabamaNorth CarolinaTennesseeRIRhode IslandCTConnecticutMAMassachusettsMaineNHNew HampshireVTVermontNew YorkNJNew JerseyDEDelawareMDMarylandWest VirginiaOhioMichiganArizonaNevadaUtahColoradoNew MexicoSouth DakotaIowaIndianaIllinoisMinnesotaWisconsinMissouriLouisianaVirginiaDCWashington DCIdahoCaliforniaNorth DakotaWashingtonOregonMontanaWyomingNebraskaKansasOklahomaPennsylvaniaKentuckyMississippiArkansasTexas
Start Investing Today

2. Diversify your portfolio

Investing in gold adds additional diversification to your portfolio, given that it’s another type of asset.

Also, considering that gold is a physical asset lends it an air of stability usually sought during speculative times for the economy.

Ads by Money. We may be compensated if you click this ad.Ad
Start Protecting Yourself From Inflation, and Invest in Gold!
Click Below For a Free Investors Kit
Free Investors Kit

3. Demand for gold is increasing

The demand for gold has steadily increased in 2021. With this demand, comes the increase in value.

Internationally, it is very common to have investments in gold and in the US we saw a spike in gold investments in 2021.

Although gold prices have already increased this year, with inflation occurring and demand increasing - a gold investment makes sense for many investors right about now.

 

The investing information provided on this page is for informational purposes only. This material does not take into account your particular financial or personal circumstances. You should consult with an investment, financial, tax, and/or legal adviser before making any investment decisions.