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Gold Investment - Rand Hedge

The daily gold price is quoted in U.S. Dollars (USD), therefore a depreciating Rand (ZAR) creates a higher gold value in South African terms. Normally, even when the Rand appreciate, the gold price will increase to make up for the difference in value.

Other reasons to invest in gold

 

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Special Note               

"Gold is forever. It is beautiful, useful, and never wears out. Small wonder that gold has been prized over all else, in all ages, as a store of value that will survive the travails of life and the ravages of time" - James Blakely.

 

 

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