In the landscape of wealth creation, diversification remains a fundamental principle of prudent investing. Among the various asset classes available, gold has historically played a critical role as a long-term wealth preservation tool . While modern investors are often drawn to equities, mutual funds, and real estate, gold continues to hold its ground as a strategic component in a well-balanced portfolio. Here’s a detailed look at why adding gold to your long-term investment portfolio makes sense: 1. Hedge Against Inflation Gold has consistently been regarded as an effective hedge against inflation . When the purchasing power of fiat currency declines, the value of gold tends to rise. Historical data shows that during periods of high inflation, gold prices often increase, helping investors protect the real value of their capital. 2. Portfolio Diversification Gold has a low to negative correlation with most other asset classes, such as equities and bonds. ...