What is Gold Doré
Gold doré, also known as doré bars, is a semi-pure alloy of gold and silver that is produced at the mine site and then refined to pure gold. Investing in gold doré can offer several benefits:
Diversification: Gold doré can diversify an investor’s portfolio by adding exposure to the precious metals market, which is not directly correlated to other asset classes such as stocks or bonds. This can help to reduce overall portfolio risk.
Store of value: Gold has historically been a store of value and a hedge against inflation, as its price tends to rise during periods of economic uncertainty or high inflation.
Limited supply: Gold is a finite resource, and the production of new gold is limited by the amount of gold reserves available. This means that the supply of gold is relatively stable, which can help to maintain its value over time.
Potential for capital appreciation: Gold doré has the potential for capital appreciation, as its value can increase due to changes in the supply and demand dynamics of the gold market.