{"id":419347,"date":"2020-07-24T07:36:27","date_gmt":"2020-07-24T05:36:27","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=419347"},"modified":"2020-07-24T07:36:27","modified_gmt":"2020-07-24T05:36:27","slug":"gold-has-surged-30-and-could-keep-going-heres-what-you-need-to-know","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/industry-news\/419347\/gold-has-surged-30-and-could-keep-going-heres-what-you-need-to-know\/","title":{"rendered":"Gold has surged 30% and could keep going – Here\u2019s what you need to know"},"content":{"rendered":"

As global stock markets tick further into unchartered territory, another asset class has been catching investors\u2019 eyes: Gold.<\/span><\/p>\n

Gold has become a favourite investment for many in 2020, including some financial gurus like Ray Dalio. <\/span><\/p>\n

Gold\u2019s spot price has reached a high of $1,860 per ounce, that it hasn\u2019t seen in almost 10 years and has gained over 20% so far in 2020 and 30% over the past 12 months.<\/span><\/p>\n

Now, as coronavirus uncertainty continues to push the precious metal higher, some experts are suggesting gold could hit record all time highs.<\/span><\/p>\n

This has left many people wondering whether now is the right time to invest – or have they missed the boat?<\/span><\/p>\n

Revix<\/b>,<\/span><\/a> the online investment platform backed by JSE-listed Sabvest, offers a simple and low cost way to invest in gold. <\/span><\/p>\n

With no monthly account fees and no sign-up fees, you can start investing with as little as R500 as a once off investment. It\u2019s the easiest way to get exposure to the precious metal.<\/span><\/p>\n