Three sound reasons to own gold

Gold's bull-run continues. But it's an expensive, largely useless metal and costs money just to hold. So why do people persist in buying the stuff? Adrian Ash explains gold's three principal attractions.

"I know the Government are intent on decimating the country's gold reserves to replace them with a whole series of overseas currencies. [Yet] they are not only selling gold but devaluing our remaining gold supplies by announcing their intention to sell in advance, which leads to a lower price on sale..."

- Nick Gibb MP, debating the UK Finance Bill, 13 May 1999

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Adrian has written all things gold related from if it’s worth buying, what the real price of gold should be and what’s the point of gold for MoneyWeek. He has also written for other leading money titles on his gold expertise including Business Insider, Forbes, City A.M, Yahoo Finance and What Investment Magazine. Now Adrian is head of the research desk at BullionVault, a physical market for gold and silver for private investors online.