PASADENA, Calif., April 29, 2020 /PRNewswire-PRWeb/ -- Noble Gold Investments, a provider of IRA-approved precious metal investments, reported today that its gold and silver IRA business is up 41 percent since the start of the pandemic in early March, setting an all-time record for sales of precious metals for the investment firm. This increase is fueled by investors' desire to protect their retirement investments with the strong precious metal as currency.
As a growing number of Americans face financial uncertainty due to the coronavirus, investors continue to look towards gold and silver to hedge against inflation and economic volatility. Collin Plume, President of Noble Gold, commented, "The interest in metals remain very high even as we see shortages of gold and silver due to the COVID-19 pandemic. Historically, the markets have always reacted favorably to gold during times of political and economic upheaval because people like to have an investment they can touch."
The recent nosedive in oil prices has also re-ignited fears of a global recession and spooked U.S. investors into purchasing precious metals. In response, Noble Gold has expanded business hours to six days a week and increased the availability of its representatives by 20 percent to assist clients with their investments.
"Consumers are grasping for a sense of security right now and want more control over their investments, especially as market conditions worsen. Having a physical product such as gold on hand is oftentimes the safest avenue for many Americans who have experienced market volatility and recessions in the past. All of the major industries will see incredible disruptions and tremendous loss in value over the next 12 to 14 months," continued Plume. "Gold has always fared strongly in times of high inflation and volatility, which is why we're seeing a significant uptick in growth in metals."
About Noble Gold Investments
Based in Pasadena, CA, Noble Gold Investments provides investors with a safe and easy way to buy IRA approved precious metals, including gold, silver, platinum and palladium. Noble Gold exists to ensure their clients' wealth preservation through balanced portfolios featuring precious metals. The company believes in friendliness, honesty and in-depth knowledge and understanding of how to increase investment value for clients. The company has secured more than $250 million in precious metal assets and helps clients work toward financial security. Noble Gold has a proven track record in providing advice, service, and value.
To learn more, please visit: http://www.noblegoldinvestments.com.
SOURCE Noble Gold Investments
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