According to the latest report, how to buy gold was the most searched in America.
Due to rising inflation and fear of recession in America, the trend of people has turned towards safe investment.
How to Buy Gold was searched most often by Americans on Google. Cryptocurrency left behind
So let's understand why people have increased so much interest in investing in gold.
People are confident that in difficult times of the market, gold will give better returns than cryptocurrency.
According to the data received, the sale of American Eagle Gold Coin was the highest in April.
A major reason for the increase in demand for gold is the poor condition of US banks in the past.
Actually, gold prices have increased by 8.5% in 2023 so far. In the last 6 months, the price of gold has increased by about 20%.
Gold has gained about 10% against the dollar this year, while the return on the dollar is only 1.6%.
If you also want to buy gold then you can buy gold from dealers, individuals, or online.
You can also buy gold bars from these 3 major sites 1- JMBullion 2- SD Bullion 3- The American Precious Metals Exchange (APMEX)
One of the main reasons for the rise in the gold price is the purchase of gold by the Central Banks around the world.