Gold was performing well before the Covid-19 pandemic and has since been buoyed by the uncertain global climate.
A panel of speakers participating in a webinar session on gold during the Mines and Money online conference on September 1 pointed out that many people were also now returning to gold or increasing their holdings, while newcomer interest is growing in response to the pandemic.
The speakers noted that there were various opportunities for investors to invest in gold, with each holding the potential for returns, but each comes with drawbacks.
For example, there is the option to invest in physical gold holdings, where the value does not change over long period of times.
Investors can also consider investing in gold mining companies. Different types of mining companies offer different opportunities for investors.