CBS News
3 reasons to buy gold bars and coins this April
Getty Images
Gold has long been considered a smart investment for a multitude of reasons. Thanks to its safe-haven nature, intrinsic value and ability to weather economic volatility better than many other assets, gold has historically been a smart addition to a diversified portfolio.
Like all investment types, however, the timing behind an investment in gold is critical to get right. If you get in too early, you could lose out on the potential advantages the precious metal offers. But if you wait too long, the protections it could have provided may have been missed.
Many have turned to gold in recent years to help battle inflation. But with inflation still elevated, if significantly cooled, there’s still a compelling case to be made for investing in the yellow metal right now. Below, we’ll detail three reasons why you may want to get started with physical gold, like bars and coins, this April.
Start by exploring your gold investing options online here to learn more.
3 reasons to buy gold bars and coins this April
Here are three big reasons why you may want to invest in gold bars and coins this month.
The price is rising
Gold is not typically known as an income-producing asset, but right now, it can be. The price of gold has surged since March 1, rising from $2,082.55 that day to $2,360.25 per ounce today. So if you invested just last month you could have made close to $300.
And that’s if you sold it now. Many experts are predicting that prices will continue to rise in the weeks and months to come. But even if you don’t sell, the price of gold tends to remain steady and is unlikely to see major drops in value, making it a reliable investment in most economic conditions, but especially now.
Get started with gold bars and coins today.
Inflation is still problematic
Interest in the precious metal has risen significantly thanks, in part, to the ability of the metal to hedge against inflation. When inflation is high, gold tends to keep its value, unlike many other investments. And, unfortunately, the recent report from the Bureau of Labor Statistics showed inflation rising again in March, its second consecutive rise this year.
So with inflation more stubborn than many had expected at the start of 2024, it makes sense to add some cautionary protection now. Gold — whether in a gold IRA, bars, coins or some other form — can provide that help today.
It’s easy to invest in
Unlike some other assets, which may require professional assistance or expert knowledge, it’s relatively easy to invest in gold, especially now. With big retailers like Costco and Walmart currently selling gold in their stores — and multiple top gold investing companies to work with online — no matter how much (or little), you want to invest in gold, it’s easy to do so today. Just make sure to know the gold investing red flags and the price of the precious metal the day you buy in to ensure you buy a legitimate product at a reasonable market price.
The bottom line
Gold has been a smart investment for much of the last two years but it can be particularly worthwhile for many investors this month. Thanks to its rising price, investors can potentially see big returns more quickly than usual. And with inflation sticky, the value of having the precious metal in your portfolio remains strong. Plus, it’s ubiquitous right now — being sold at big retailers, online and with local dealers. For these three reasons, many Americans should consider buying gold bars and coins this April. Just be sure to do so with the understanding that gold should generally be limited to 10% or less of your overall portfolio.
CBS News
Kamala Harris will speak with “60 Minutes” tomorrow. Here’s what to know for the interview.
Voters will get the chance to hear from Vice President Kamala Harris on Monday as she presents her case for why she should be president in a “60 Minutes” election special.
For decades, “60 Minutes” has featured both Republican and Democratic nominees for presidents, but this year, former President Donald Trump backed out after previously indicating he would be on the show. Correspondent Scott Pelley, who’d been set to interview Trump, will instead travel to Arizona’s Maricopa County, home to more than 60% of Arizona’s voters and a critical battleground in a key swing state.
One thing is certain about the election; with the U.S. deeply involved in both the wars in Ukraine and the Middle East, whoever wins on Nov. 5 will become a wartime president.
What Harris will discuss
Israel’s war started one year ago after Hamas launched a surprise terror attack and correspondent Bill Whitaker will discuss the ongoing war with Harris.
Harris will also discuss the economy, immigration, her record as vice president and the differences between herself and Trump.
Democratic vice presidential candidate Gov. Tim Walz will also appear.
Whitaker joined the Democratic ticket on the campaign trail this week to gain insight into their platform’s priorities and values, and what the candidates believe voters should know.
Why Trump pulled out of the “60 Minutes” interview
Leading up to the candidate hour, Trump, through campaign spokespeople, was the first candidate to accept the “60 Minutes” request to be interviewed for the special, according to CBS News. It had been agreed that both candidates would receive equal time during the broadcast.
Trump last sat down with 60 Minutes in 2020. He walked out during the interview with Lesley Stahl. Trump referenced the incident on Tuesday night at a Milwaukee press conference when asked about his decision not to participate in the Oct. 7 “60 Minutes” election special.
“Well, right now, I went to – they came to me and would like me to do an interview, but first I want to get an apology, because the last time I did an interview with them, if you remember, they challenged me on the computer,” Trump said. “They said the ‘laptop from hell’ was from Russia, and I said it wasn’t from Russia. It was from Hunter, and I never got an apology, so I’m sort of waiting. I’d love to do ’60 Minutes.’ I do everything.”
The Republican nominee for president emphasized that he felt he was owed an apology from “60 Minutes.”
“Let’s see if they do it. I wouldn’t mind doing 60,” Trump continued. “I’ve done ’60 Minutes’ a lot.”
In a statement on Tuesday, Trump campaign communications director Steven Cheung said that Trump’s team had not agreed to an interview.
“Fake News,” Cheung said in a post on X. “60 Minutes begged for an interview, even after they were caught lying about Hunter Biden’s laptop back in 2020. There were initial discussions, but nothing was ever scheduled or locked in. They also insisted on doing live fact checking, which is unprecedented.”
Previous Trump, Harris appearances on 60 Minutes
Trump previously sat down with “60 Minutes'” Mike Wallace in 1985, Pelley in 2015 and Lesley Stahl twice in 2016, first in July of that year and then again in November of 2016. He also spoke with Stahl again in 2018 and 2020.
Harris previously sat down with Whitaker last year. She also was interviewed by Norah O’Donnell, “CBS Evening News” anchor and “60 Minutes” contributing correspondent, in 2020.
How to watch the “60 Minutes” election special
Watch CBS News
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.
Watch CBS News
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.