In times of uncertainty, economic and otherwise, gold is considered a safe haven investment, a fact which is further being corroborated by the current movement of gold prices and demand for all forms of gold investments, be it bullion, paper gold, spots and futures.
A recent study by the World Gold Council (WGC) found that gold figures in the top five investments; people are investing more in the yellow. On average people invested 28 per cent of their income in gold in 2016, which has going up to 33 per cent in 2019. It also found that most people preffered to invest in gold due to “ease of buying”.
Goldplat plc (LON:GDP) is an AIM-listed, profitable gold recovery services company with two market leading operations in South Africa and Ghana.