Question

Why buy gold during recession?

Answer 1

So, if inflation isn't driving the price, is fear? Certainly, during times of economic crisis, investors flock to gold. When the Great Recession hit, for example, gold prices rose. ... That essentially means that, as more people buy gold, the price goes up, in line with deman

Answer 2

Explanation:

Investors in India and around the world consider investing in the gold safe during the recession. ... Investors invest in gold rather than the stock market as the companies will go in the loss at the time of recession. Thus, to secure their investments, investors consider gold as the safest method.

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