How feasible it is to Invest in Gold and Silver?

The gold price is going to the moon. It's up by 25% according to macrotrends if we compare it with the last 5 years. And the silver price increased by around 16%. I have seen gold and silver savers/investors in Hive too.

I was wondering how profitable this is for a newbie. Because if I want to buy it now, it will cost me on an average around 20% more. That means more money will be held up in this investment.

From what I understand if anyone wants to add stability to their portfolio or is looking for a store of value during tough economic times Gold and Siver are perfect for them. But they must have to invest millions or not a good amount to get a good return after years. Otherwise, for the small-scale investor, it's highly unlikely to make anything out of it.

Another good reason can be if anyone trying to hedge against inflation Gold and silver are a perfect solution. Both of them are able to grow at a higher rate than the dollar.

Moreover, it's safe! There's not much evidence of losing these two metal rates but it always goes higher. Even in this world economic situation, the price of gold is a record high.

Both of them have great store value and they can give a good return, no argument on that. If it's good for you according to your research then go for it. But as a small-scale investor, it's nearly impossible to invest much in them because I can't take the risks to invest my money in something that would not give me a return in a few years. But I have a plan to buy it little by little mostly because of the inflation.

Disclaimer: I'm not an investment management professional. Do your own research before investing.

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