GOLD THROUGH TIME

The price of gold has changed significantly throughout history. One ounce of gold (31.104 g) was worth 80 US dollars in 1973. In the early 1980s, the price reached a record high of 700 US dollars.
In the following years, the price of gold fluctuated between 300 and 400 US dollars per ounce.
That trend continued until the early 2000s, when the price experienced remarkable growth, reaching 1,800 US dollars per ounce in 2012.
From 2013 to 2015, the price of gold experienced a slight gradual decline.
From the end of 2015 until today, the value of gold has shown continuous growth. This trend was significantly strengthened by Brexit (the United Kingdom’s exit from the European Union in 2016) and the election of the new U.S. President, Donald Trump.

At the beginning of 2018, the value of gold on the stock exchange market was around 37,000 euros.
In the period from May to December of the same year, the value of gold recorded a negative trend. At certain moments, the value was even recorded below 35,000 euros per kilogram.

Since the beginning of 2019, the value of gold has been in constant growth.
From May 2018, when gold recorded its lowest value, to May 2020, the value of gold increased by an incredible 44%.
The pandemic, an unprecedented phenomenon that affected the entire world, continues to further increase the value of gold every day. It emerged unexpectedly and caused stock markets around the world to collapse. The pandemic also created extreme disruption in the global gold market, reflected in a major shortage of physical gold. MORE DETAILS
Na kom nivou, zlato ce napraviti pauzu od stalne progresije, kao i kada ce se to desiti ,za sada je krajnje neizvesno.

What is certain is that gold should be purchased when it is available on the market, when you have the opportunity to buy it, and only with the amount of money you are prepared to preserve long-term and not risk losing.

Throughout history, precious metals have been used as currency and a means of payment, as well as a foundation for printing money, a practice that is still applied to a certain extent today. The largest use of precious metals today is in the fashion industry (jewelry production) and in investments (for preserving value).

For many years, numerous investment experts and advisors have recommended investing 5–10% of one’s assets in investment gold as a hedge (the best protection) against currency risks and fluctuations in the value of current currencies.
Today, economists also advise investing the portion of money held in fixed-term bank savings deposits into investment gold. As the main reasons, they point to zero and negative interest rates. In this way, not only does your money fail to grow, but the principal value of your capital actually decreases.

Building reserves over a longer period of time is the best way to preserve the value of assets and protect money from currency risks, just as it has been throughout history.

In the following years, the price of gold fluctuated between 300 and 400 US dollars per ounce.
That trend continued until the early 2000s, when the price experienced remarkable growth, reaching 1,800 US dollars per ounce in 2012.
From 2013 to 2015, the price of gold experienced a slight gradual decline.
From the end of 2015 until today, the value of gold has shown continuous growth.
This trend was significantly strengthened by Brexit (the United Kingdom’s exit from the European Union in 2016) and the election of the new U.S. President, Donald Trump.

Gold Price in 1908

The first Ford model, known as the “Ford T,” appeared back in 1908 and cost 400 dollars, or 20 ounces of gold.

Gold Price in 2019.

In 2019, the equivalent model was the “Ford Mondeo,” with a value of €25,400, or 20 ounces of gold.

Gold Price in 2023

Today, in 2023, the model that corresponds in terms of technical equipment to the 2019 version, known as the “Ford Mondeo,” is worth 40,000 euros, or expressed in gold, 20 ounces of gold.

Gold Price Development – Conclusion

На основу овога можемо закључити да је вредност новца значајно опала током времена.

GOLD BARS

Gold bars are a more modern investment instrument compared to investment ducats, which derive their investment value from tradition.

Gold bars feature engraved security elements, the manufacturer’s name, exact weight, purity, and a unique identification number recognized worldwide.

Bars are produced in various weights, most commonly 1g, 2g, 5g, 10g, 20g, one ounce, 50g, 100g, and 250g.

People most often buy gold bars for two reasons:
The first is when they want to give a loved one something with lasting and timeless value.
The second is for investment purposes and preserving wealth.