Beginner investors should carefully consider their gold approach before buying the metal in today's economy. Getty Images

If you're a young investor ready to put money into a variety of asset classes, you may be familiar with a few traditional ones. Stocks, bonds and real estate all offer investors, especially beginners, relatively simple ways to grow their money over time. But in today's unusual economic climate, in which inflation is rising again but stock market performance is currently strong, these beginner investors may be less confident in their investment options. For some of these investors, a gold investment could be attractive.

An alternative asset better known as a hedge against inflation and portfolio diversifier , gold can still be a valuable alter

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