Latest news with #economic instability
Yahoo
4 days ago
- Business
- Yahoo
5 Things To Do When the Price of Gold Plummets
Typically, gold has been viewed as a rather safe asset to invest in — especially during periods of economic instability — because of the metal's tendency to maintain its inherent value even when stocks drop and volatility reigns. Despite that general stability, however, the price of gold has declined recently, worrying some investors. Invest in Gold American Hartford Gold: #1 Precious Metals Dealer in the Nation Thor Metals Group: Best Overall Gold IRA Priority Gold: Up to $15k in Free Silver + Zero Account Fees on Qualifying Purchase Gold's price per ounce in April 2025 was $3,400; in May, though, it had dropped to $3,238.88 — a devaluation of 6%. While 6% may not be considered precipitous, it is a devaluation that may cause some investors to worry. As a result, CBS News recently outlined what gold investors should do as a result of such drops in value. Don't Panic First off, remember that a 6% drop in the gold price is not a crash, and it is certainly not a reason to panic. Historically, a dip such as this actually tends to precipitate a subsequent rise in gold costs. Meaning? Don't make a panicked decision regarding your gold portfolio just yet, especially when its value will likely soon increase. Remember the Long-Term Value of Gold While gold may not be the most reliable income producer, CBS News noted it has always been an income protector, used as a hedge against inflation thanks to its reliability during times of economic volatility. Don't Rush To Sell The instinct when the price of an investment drops is to sell, sell, sell. With gold, however, this could be a critical error — as noted above, dips in the worth of gold are typically followed with surges in value soon thereafter. Reevaluate Your Gold Holdings As with the decline in any of your investments, a drop in the value of gold should be used as an opportunity to reevaluate your portfolio. Seriously consider whether you wish to double down on gold now while other investors sell in a panic. Conversely, you may wish to safely and rationally expand your portfolio beyond just gold. Either way, never forget to maintain calm, and don't panic. Consider Purchasing More Gold As noted above, other investors could panic at gold's drop in value. Now would be the time to take advantage of that panic and buy more gold while it's currently below cost. Their loss could easily become your gain, especially once the price of gold likely surges to record numbers following this most recent dip. More From GOBankingRates These Cars May Seem Expensive, but They Rarely Need Repairs This article originally appeared on 5 Things To Do When the Price of Gold Plummets Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
5 Things To Do When the Price of Gold Plummets
Typically, gold has been viewed as a rather safe asset to invest in — especially during periods of economic instability — because of the metal's tendency to maintain its inherent value even when stocks drop and volatility reigns. Despite that general stability, however, the price of gold has declined recently, worrying some investors. Gold's price per ounce in April 2025 was $3,400; in May, though, it had dropped to $3,238.88 — a devaluation of 6%. While 6% may not be considered precipitous, it is a devaluation that may cause some investors to worry. As a result, CBS News recently outlined what gold investors should do as a result of such drops in value. Don't Panic First off, remember that a 6% drop in the gold price is not a crash, and it is certainly not a reason to panic. Historically, a dip such as this actually tends to precipitate a subsequent rise in gold costs. Meaning? Don't make a panicked decision regarding your gold portfolio just yet, especially when its value will likely soon increase. Remember the Long-Term Value of Gold While gold may not be the most reliable income producer, CBS News noted it has always been an income protector, used as a hedge against inflation thanks to its reliability during times of economic volatility. Don't Rush To Sell The instinct when the price of an investment drops is to sell, sell, sell. With gold, however, this could be a critical error — as noted above, dips in the worth of gold are typically followed with surges in value soon thereafter. Reevaluate Your Gold Holdings As with the decline in any of your investments, a drop in the value of gold should be used as an opportunity to reevaluate your portfolio. Seriously consider whether you wish to double down on gold now while other investors sell in a panic. Conversely, you may wish to safely and rationally expand your portfolio beyond just gold. Either way, never forget to maintain calm, and don't panic. Consider Purchasing More Gold As noted above, other investors could panic at gold's drop in value. Now would be the time to take advantage of that panic and buy more gold while it's currently below cost. Their loss could easily become your gain, especially once the price of gold likely surges to record numbers following this most recent dip. More From GOBankingRates These Cars May Seem Expensive, but They Rarely Need Repairs This article originally appeared on 5 Things To Do When the Price of Gold Plummets
Travel Weekly
11-07-2025
- Business
- Travel Weekly
ASTA survey shows weakness in international travel
While business continues to thrive for some travel agencies, others are facing headwinds because of decreased consumer demand and uncertainty, according to a new survey from ASTA. ASTA surveyed members in March and again in June. In both surveys, advisors said they were concerned about economic instability, misinformation and fears surrounding international safety and immigration policies. "However, tone and urgency shifted notably from March to June," ASTA said. "Many advisors are 'anxiously reactive,' noting the mounting sense of burnout, client frustration and realignment of business models." While the full survey results are a benefit for ASTA Premium Members, the Society released some key statistics. From the March survey to the June survey, the proportion of agencies experiencing a significant drop in demand was flat, ASTA said. However, those seeing a slight fall in demand increased from 32.5% to 38.8%. International travel has been the most affected, according to ASTA. In the June survey, postponements of international travel were up compared to March, though cancellations slightly decreased. Most advisors, 69.2%, said in June that international leisure travel has been the hardest-hit segment of the business. That figure was up 9.2 percentage points from March. ASTA also asked advisors about key factors affecting their businesses. More pointed to tariffs (27.9%) and travel bans (12.4%) in June than they did in March (23.1% and 8.3%, respectively). "Our members expressed their views plainly in our most recent national survey," ASTA president and CEO Zane Kerby said. "They are seeing hesitation in their clients, cancellations in their bookings and fear in their conversations. They are shouldering the burden of misinformation and working overtime to educate and protect the travelers who count on them most. "For some, business is still thriving," Kerby added. "For others, survival demands a pivot toward new markets, safer regions, more flexible pricing and above all, a clear-eyed strategy."
