3 Reasons to Buy Gold Bars and Coins in April 2024

By Matt Richardson | Edited by Angelica Leicht | CBS News

Gold's reputation as a safe investment is well-known, especially during times of economic uncertainty. This April, there are three compelling reasons to invest in gold bars and coins:

1. Rising Price: Gold prices have surged since the beginning of March. If you invested last month, you could have made a significant profit. Experts predict that prices will continue to rise in the coming weeks.

2. Inflation Protection:Gold's ability to hedge against inflation makes it a popular choice. Inflation rates remain high, making now a good time to add gold to your portfolio.

3. Accessibility:Investing in gold is easier than ever with major retailers like Costco and Walmart selling gold, and numerous reputable online platforms available.