Gold is also is a hedge against inflation. But buying gold is relatively new thing for investors. It wasn't until 1975 that the U.S. government stopped setting a price on gold and allowed the average citizen to own it. The U.S. began moving away from the gold standard in the mid-19th century. Unlike stock, which grows in value because of increasing earnings, new products, dividends or stock buybacks, gold just sits there.
Gold is about one-half that.
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