Is Gold a liquid asset?

[Kera]

A liquid asset is one that you can easily convert to cash almost as immediately as you put it up for sale. Considering the nature of gold, would you consider it a liquid asset? Is it that easy to sell gold that one can sell it the same day one wants to?

 

[Springtime]

I would consider gold a liquid asset. Here in my city, you can buy or sell gold the same day.

 

[Kera]

I don't think if you get to where the sell gold, you would spend up to 20 minutes before you would get the monetary value of your gold. No matter the worth of gold you take there.

 

[Suba]

Gold is easy to liquidate so it is included as a liquid asset, besides that gold is also not affected by inflation, it has high demand.

 

[Trush Jodie]

My mom was under a medical emergency and we needed to raise money quickly to save her, we simply took her gold to sell and in an hour, we had the money we needed.

 

[Augusta]

Sure, Gold is a liquid asset, and also not affected by inflation, it has the capacity to appreciate all the time as well