3 reasons gold bars and coins are a good investment this August

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Adding physical gold to your investment portfolio is a move that could pay off this August. Here's why.

Whether you're a beginner or seasoned investor, it can be difficult to determine the right asset mix for your investment portfolio. After all, your unique goals and budget play a large role in that equation, and there are numerous economic factors to consider as well. And when you add in how many traditional and alternative assets there are to choose from, things can get even more complicated.

Market conditions can shift quicklyGold can play a crucial role in stabilizing your investment portfolio across various market cycles due to its unique characteristics and behavior. For example, when traditional assets like stocks are performing well, gold may underperform or remain stable. While this might seem disadvantageous, it actually helps prevent your portfolio from becoming overly concentrated in high-performing but potentially risky assets.

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