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With stocks, cryptos and so many other investment options, who would have thought that gold – the precious metal used in business for millennia – would go “totally crazy” in 2025?
But that is exactly what is happening. The price of gold has risen by 35% in the past year, recently topping $4,000 per ounce. Rick Harrison, owner of Gold and Silver Pawn Shop in Las Vegas, has seen this trend firsthand.
“My suppliers are limiting the amount of gold they sell you, because they can’t get any in. I mean, it’s been absolutely crazy,” Harrison said in a February 2025 interview with Fox Business.
Harrison, whose behavior at the pawn shop is featured in the popular history series Pan starsIt is believed that there is a clear reason behind the rising demand for gold
“Remember, we live in a world where we’re printing money like confetti, and that’s worrying a lot of people,” he said. “The government’s number one line item now is the interest on the debt — it’s $36 trillion. I mean, you’re not going to be able to pay that. So the only way to pay the debt is to either increase the money supply or monetize the debt, which leads to inflation anyway.”
The US national debt – the total amount of borrowing by the US federal government – will reach $38.36 trillion by November 2025. Last year, interest costs on the national debt made headlines, surpassing spending on defense and Medicare.
But Harrison is not entirely off base – the world’s central banks are hoarding gold. In 2024, they added 1,045 tonnes to global reserves, marking the third year of net purchases of more than 1,000 tonnes, according to the World Gold Council.
Buying gold can be difficult in some places, but it’s still surprisingly easy to add to your portfolio. Here are three simple ways to gain exposure.
Harrison acknowledged that people are buying gold today because “it’s a hedge against inflation”.
Unlike fiat currencies, gold cannot be printed at will by central banks, making it a time-tested store of value. The most straightforward ways to invest in gold is by buying physical bullion in bars or coins.
These days, you don’t have to go to a bullion shop — or wait in line at a pawn shop — to buy precious metals. Many online platforms offer a wide selection of gold and silver bars and coins at reasonable prices.
Gold mining companies offer another way to gain exposure to the precious metal. When the price of gold rises, miners enjoy large profits, potentially increasing the value of their shares.
Adding gold mining companies to your portfolio can provide diversification. However, keep in mind that doing so also exposes investors to stock market risk and the performance of the underlying companies.
Meanwhile, there are exchange-traded funds (ETFs) that track the performance of gold. These ETFs aim to mirror gold price movements by holding physical gold or gold futures contracts.
Not sure which way is right for you? It may be time to connect with a financial advisor through Advisor.com.
With Advisor.com, you can find the best advisor for your needs – both in terms of providing them with your finances, and charging them for doing the work for you.
Advisor.com is a free service that helps you find a financial advisor who can create a plan to help you reach your financial goals. By matching you with a curated list of the best options for you from a database of thousands, you get a pre-screened financial advisor you can trust.
Then you can set up a free, no-obligation consultation to see if they’re the right fit for you.
Read more: Warren Buffett used 8 solid, repeatable money rules to turn $9,800 into a $150B fortune. Start using them today to get rich (and stay rich).
Individual retirement accounts (IRAs) are a popular way to save for retirement, offering tax advantages that can help your savings grow over time.
Traditional IRAs allow you to contribute pre-tax income tax-deferred until the funds are withdrawn during retirement. Roth IRAs, on the other hand, consist of contributions made in after-tax dollars, providing tax-free growth and tax-free withdrawals in retirement.
A gold IRA is an option for building your retirement fund with inflation-hedging assets.
Opening a gold IRA with the help of Goldco allows you to physically invest in gold and other precious metals while providing the significant tax benefits of an IRA.
With a minimum purchase of $10,000, Goldco offers [match up to 10% of qualified purchases in free silver
If you’re curious whether this is the right investment to diversify your portfolio, you can download your free gold and silver information guide today.
This article provides information only and should not be construed as advice. It is provided without warranty of any kind.
