When seniors should invest in 1-ounce gold bars (and when they shouldn't)

Gold's long-standing reputation as a store of value may be attractive to many seniors looking to protect their retirement savings. Given gold's recent price trajectory, its appeal may be even stronger in today's market. Record gold prices in April and May surpassed the $2,400 per ounce mark and some experts anticipate the gold price hitting $2,500 before year's end.

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