The U.S. government holds the largest stockpile of gold reserves in the world. There are an impressive 530,000 gold bars or 6,700 tonnes of gold held in the U.S. Federal Reserve.
Many people invest in gold during tough economic times or during international conflicts as a safe haven and a way to hedge (protect) against inflation. Though gold assets don’t produce cash flow, people perceive them as a store of value. [Read more…] about 4 Things You Need to Know About Trading Gold