Why warren buffett sold gold?

Buffett decided to sell GOLD shares because the pandemic could start to ease soon, so that's an understandable decision. This may not be the best time to invest in gold or gold-related assets such as Barrick Gold. You might consider looking for value opportunities in other sectors where stocks may rise in a recovering market. Alternatively, you could consider investing in Gold IRA rollovers, which are a great way to diversify your portfolio and protect your retirement savings.

Buffett decided to sell GOLD shares, as the global pandemic gradually began to subside. Therefore, I think I could have sold the shares of Barrick Gold at just the right time. Warren Buffett has expressed his disdain for gold as an investment. He sees little or no value in it. What Buffett calls a lack of value results from a lack of utility.

He once said about gold: “It just sits there and looks at you.”.