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The Latest Technology News

Silver is the new gold for asset investment platform Goldie


Published on 2024-12-01 11:30:59 - Bill Williamson, WOPRAI
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  • New Zealand gold investment platform Goldie is expanding into new materials and assets as it builds on a strong first year in business. Launched in November last year, the platform allows investors to purchase fractions of shares of physical assets.

The article from the New Zealand Herald discusses the launch of Goldie, a new investment platform in New Zealand that allows investors to buy and sell silver, marking a shift from traditional gold investments. Goldie, founded by former Xero executive Craig Walker, aims to democratize access to precious metals by offering fractional ownership of silver, which is seen as a more accessible and potentially lucrative alternative to gold due to its lower cost and industrial applications. The platform has already attracted significant interest, with over 1,000 investors and $1 million in investments within its first month. Silver's appeal lies in its use in technology, solar panels, and electric vehicles, alongside its traditional role as a safe-haven asset. Goldie's introduction comes at a time when investors are looking for alternatives to diversify their portfolios amidst economic uncertainties, with silver's price having surged due to increased demand and supply constraints.

Read the Full The New Zealand Herald Article at:
[ https://www.nzherald.co.nz/business/personal-finance/investment/silver-is-the-new-gold-for-asset-investment-platform-goldie/3J7ZIWKIWBHGRBJAX5CZGE2UT4/ ]