Will gold regain its shine as a safe investment?

[Asuspawer09]

I mean, Gold is still one of the best investments that you could make anyway, let's just say that there were a lot of competitors like real estate, cryptocurrency, stocks. But i say they have differenct advantages and disadvantages, Gold is still of the best it is still one of the safers investments that you could do, it is a tangible asset, the value market is still on good track record even until now, its one of the highes return even until now, prices is still increasing throughout the years if you are investing in Gold for a long time there was no way that you are on a loss.

I do not believe that Bitcoin or cryptocurrency has affected gold since it's a different investment to Bitcoin; it might be a competitor since it might divide the market, but Bitcoin is one of the riskiest investments that you can do, compared that to Gold, which is one of the safest, it is similar to real estate, which is tangible. Bitcoin doesnt is not tangible you dont get anything that is going to hold value, it is just the market supply and demand that is giving it value, which could lose easily if there was no demand.

[finaleshot2016]

In last 10 years, bitcoin had reduced the popularity of Gold. But now , Gold price has doubled in last one year. Will gold regain its shine as a safe investment in future?

Reduced? Really.

It's the safest investment since 90s so I doubt it reduced the popularity. Tbh, some traditional people still want Gold and don't want to adapt the new technology so it didn't reduce, the more accurate is it become stable in the past, but people are still buying it. The value didn't have a huge drop and right now it's still going a good trend which is very good for those people who bought Gold in the past 5 years.

Also, I love bitcoin but it's a 2 different thing, it didn't affect the gold and tbh gold is the reason why BTC have that digital gold narrative.

GOLD will be forever the safe haven asset. Bitcoin will follow soon. Both are different so don't compare.

[brownn]

I mean, Gold is still one of the best investments that you could make anyway, let's just say that there were a lot of competitors like real estate, cryptocurrency, stocks. But i say they have differenct advantages and disadvantages, Gold is still of the best it is still one of the safers investments that you could do, it is a tangible asset, the value market is still on good track record even until now, its one of the highes return even until now, prices is still increasing throughout the years if you are investing in Gold for a long time there was no way that you are on a loss.

I do not believe that Bitcoin or cryptocurrency has affected gold since it's a different investment to Bitcoin; it might be a competitor since it might divide the market, but Bitcoin is one of the riskiest investments that you can do, compared that to Gold, which is one of the safest, it is similar to real estate, which is tangible. Bitcoin doesnt is not tangible you dont get anything that is going to hold value, it is just the market supply and demand that is giving it value, which could lose easily if there was no demand.

One of the reasons why gold is considered safe is because even countries keep good reserve of it. If that changes in future, perception of gold might also change.

[Ziskinberg]

In last 10 years, bitcoin had reduced the popularity of Gold. But now , Gold price has doubled in last one year. Will gold regain its shine as a safe investment in future?

Reduced? Really.

It's the safest investment since 90s so I doubt it reduced the popularity. Tbh, some traditional people still want Gold and don't want to adapt the new technology so it didn't reduce, the more accurate is it become stable in the past, but people are still buying it. The value didn't have a huge drop and right now it's still going a good trend which is very good for those people who bought Gold in the past 5 years.

Also, I love bitcoin but it's a 2 different thing, it didn't affect the gold and tbh gold is the reason why BTC have that digital gold narrative.

GOLD will be forever the safe haven asset. Bitcoin will follow soon. Both are different so don't compare.

Gold has always been popular ever since, and the increase of pawn shop businesses has been a good proof that gold has never lessen or reduced its popularity. Its only the people who are silent with their gold accumulation, or else they will become the target of theft if they chose to publicize it.

Bitcoin on the other hand is a newly evolved part of latest technology, so its not surprising why it became the talk of the town, created noise in the social media and has been attacked as another set of scheme. But behind its popularity, gold has never lose its position. People will always go for the traditional type of investment, while few other people start to recognize bitcoin as the digital gold. They complement each other, instead of comparing one another.