Gerard Boon started investing in gold seven years ago and has since tripled the return on his initial investment.
The 29-year-old managing director of Boon Brokers, who lives in Norwich, says he has invested in the precious metal for its “safety and reliability” as other investments have shown far higher volatility.
On Wednesday, gold bullion prices hit a record £3,000 per ounce.
Though it is not immune to price fluctuations, gold has a reputation as a stable asset, and often performs well when there is economic uncertainty.
Boon invests elsewhere as well but says he finds the “reliability” of gold “comforting”.
He has invested five figures in gold and says he has tripled his cash in seven years.
He invests via the Royal Mint, with another advantage being that bullion coins from