Gold, typically a safe investment during economic instability, has recently seen a decline in price. In April 2025, the price per ounce was $3,400, dropping to $3,238.88 in May, a 6% devaluation. Despite this, history shows that dips in gold prices often lead to subsequent rises, so investors should not panic.

Gold, while not a reliable income producer, serves as an income protector and hedge against inflation during economic volatility. Although the instinct may be to sell when prices drop, with gold, this could be a critical error, as drops are usually followed by value surges.

Investors are advised not to make panicked decisions regarding their gold portfolios, as the value is likely to increase soon. Use a drop in gold value as an opportunity to reevaluate your portfolio and consider doubling down on gold while others sell in a panic.

Consider expanding your portfolio beyond just gold or buying more gold while its value is below cost. Remaining calm, evaluating your investments, and avoiding panic are crucial steps to take during times of economic volatility and investment fluctuations.

Read more at Yahoo Finance: 5 Things To Do When the Price of Gold Plummets