It ranked third in the poll behind real estate at 41% and stocks/mutual funds at 26%. In a 2021 Gallup poll, 18% of Americans considered gold the best long-term investment. Its value has been (and continues to be) driven by production, demand, market volatility and the value of fiat currency. Aside from its use in jewelry and decorations, it was first used as currency as far back as 1500 B.C. Gold was used as an investment and currency long before the stock market was created. Gold is a lesser-known investment that many experts still consider an excellent addition to portfolios. When you think about investing, you may think about the stock market or the funds you buy in your workplace 401(k). Consider how gold fits into your overall investment portfolio.You can buy gold through a licensed local or online retailer.Gold is often considered a good hedge against inflation.
