Gold prices hit a new high: Should you buy in now?

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Gold prices hit a new high: Should you buy in now?
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The price of gold hit a new record high. Here are three reasons you should consider investing today.

Gold has been a hot topic among investors recently, which is due, in large part, to the price of gold climbing steadily over the last several weeks. And, on April 1, 2024, the price of gold hit a new record high, reaching $2,259.29 per ounce for the first time.

After all, while inflation has fallen quite a bit from post-pandemic highs, prices are still growing too quickly for comfort. In February, prices were up 3.2% year over year. In turn, it makes sense to take steps to protect your money from losses due to inflation, and adding gold to your portfolio is one asset that can do that.

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