In the long run, this is ok. For example, gold has basically recovered its value after nearly a decade of compensatory growth. At present, the price of gold is about 1.360 USD/ounce, which is close to the highest price in history, because the average price of gold with the highest price in history is close to 1.600 USD/ounce in constant dollars in 2009 after deducting the impact of inflation, while the price of gold in other years is much lower.

However, in a certain period of time, the price of gold sometimes goes much slower than inflation. For example, the price of gold reached a record high on1October 20th, 1980. Since then, in the nearly ten years from 1988, the inflation rate in the United States has increased by 90%, and even Japan has reached 20%. However, the price of gold denominated in dollars fell by 52%, and the price of gold denominated in yen fell by 75%.

Therefore, for investors who buy gold to preserve the value, they should have a long-term holding mentality, and don't sell it when it is not necessary or unprofitable. Because compared with other assets, gold is the easiest to hold, keep, transport and realize.