Gold is a precious material, and even more so since the acceleration of the energy transition. Indeed, gold is an indispensable material for energy production. What is the link between the energy transition and investing in gold ? What is the forecast for the gold price in relation to the current energy crisis ? We take stock

What is the link between the energy transition and investing in gold ?

Precious metals have an impact on the production, transmission and storage of green energy and gold is no exception. In the face of the climate emergency, the need for precious metals is increasing and this influences the evolution of the gold price. 

Moreover, when calculating the gold price forecast, experts take into account the energy transition, which implies a massive deployment of green energy production, and therefore a more ecological production of precious metals.

However, the gold reserves to be mined on our planet are shrinking sharply, which means that the yellow metal will become an even more valuable and expensive commodity in the future. All this will necessarily impact the gold buying and selling sector. But what are the investment prospects for gold ?

Gold price forecast in relation to the current energy crisis

The energy transition may have a strong impact on investment in precious metals and therefore on the gold price forecast. Similarly, due to the financial crises or the one currently affecting the energy market, investing in gold would be one of the solutions to make your financing portfolio grow.

Also, it is always interesting to invest in the yellow metal even if the risk of inflation is always present and depends on multiple factors.

Moreover, at the end of 2022, the price of gold remains stable, even if history shows us how the price of gold is sometimes subject to fluctuating developments over short periods. The price of gold fluctuates according to different contexts, particularly geopolitical ones.

Thus, by investing in precious metals, you can place your savings in tangible products, as they are resistant to time over a long period and can be kept for many years. In times of crisis, gold can go through the roof.

Therefore, at a time when inflation is weighing heavily on the profitability of many investments, the question of investment diversification is particularly delicate. Among the safe havens that are not affected by the current economic situation, gold is a good idea for diversifying your investments.