Does gold protect against the fall of the euro ?

Financial crises, wars or lack of raw materials can impact the global economy. Currencies devalue and inflation increases. To protect themselves, States safeguard their exchange capacity by purchasing gold. But what about individual investors ? We explain here how gold protects you from the fall of the euro!

What future for gold in 2022 ?

During 2022, the price of gold peaked between March and April. Since this news, the price of an ounce of gold has decreased. The international situation directly influences this course. Central bank policy rates, money creation, government borrowing and Treasury bills support the economy and cause gold to fall in the short term. At the same time, central banks are buying more and more gold, a safe haven in the event of currency devaluation. Inflation affects all countries, including France, and individuals who wish to protect their savings invest in gold. Gold investment therefore has a bright future ahead of it.

Can gold lose value ?

Gold is considered the safe haven par excellence. A gold bar is tangible, exchangeable from hand to hand and does not depend on stock prices. Its value cannot be altered over time. This rating is linked to external events (wars, crises, inflation, devaluation, growth). Over time, gold remains the most stable investment. Unlike a bond or a stock, gold is not governed by the financial health of a company or a state. The price of gold can fluctuate every week but cannot disappear, as a currency could.

Is now the time to invest in gold ?

The financial crisis, inflation, slowed growth of States and the devaluation of the euro raise the question of gold investment. The price of gold fell sharply at the start of the war in Ukraine. Little by little, the price rises. The international geopolitical and financial context pushes banks and states to stock up on gold reserves. Individuals can also resort to purchasing gold , in small or large quantities. In the coming months, gold should continue its rise in this troubled climate.

Why buy gold in 2022 ?

Inflation and the devaluation of the euro are reducing purchasing power. The currency loses its value, which pushes households to spend more. Investing in gold allows individuals to protect themselves and maintain their purchasing power. Despite a slight decline in gold, this precious metal is stable and will not disappear in the event of a collapse of the stock market or banking establishments. It is rare and found outside the system. In addition, the taxation of gold is conducive to investment. The purchase of a gold bar is subject to capital gains tax and is not included in the calculation of ISF. In the event of transmission, the inheritance scales apply (exemption between spouses and PACS or reduction for children).

Go to our site now to invest in gold. At Gold Union, we specialize in the sale and purchase of precious metals, such as gold and silver. Between ingots, ingots and gold coins, you are spoiled for choice!