Monday, August 17, 2020

How to invest in physical gold: the possible alternatives

 

In times of financial turbulence, investing in safe-haven assets becomes one of the safest alternatives also with a view to diversifying one's assets. Allocate part of its financial resources to the purchase of gold or gold coins it is, in recent months, a very "hot" and very topical issue. Those wishing to invest in gold have the possibility to do so in two different ways; the first, a virtual way, is reserved for those who have a more speculative approach to investing and will have at their disposal various financial instruments to turn to on the official market. But when the troubled sea of ​​finance makes its movement felt, for many savers the tangible form of investment becomes the only lifeline to which to anchor their savings. Basically, the private individual who wishes to invest in physical gold can do so by buying gold bars or coins (the most famous are pounds) of gold.


Let's analyze in detail the differences between purchases of physical gold

The gold bars are usually processed within ' crafts jewelry but since 2000 has also allowed private individuals to buy gold bullion that is, not worked in the form of a jewel. The bars can have different weights, but their value per gram tends to increase as the weight decreases due to the production costs that have a greater impact on small ingots. Of course, the bars must have a hallmark that certifies their characteristics and protects both the buyer and the seller. Specialized circuits certify the value of the ingots, but even if they have the advantage of not having problems of deterioration and custody, they have the limit of discouraging their exit by limiting the liquid ability of the investment.

Why do you prefer to buy gold pounds?

The pound , however, are one of the favorite gifts for the birth or of communion of a niece when, faced with the difficulty in finding something to give, you prefer to opt for an asset whose value will last over time . The gold pound is certainly appreciated and known; with a lower unit value than an ingot and therefore more affordable even by those who do not have large amounts to devote to the investment, it presents some points of attention on its evaluation.

 Its value, in fact, depends not only on the weight and purity, therefore on the price of gold in real time, but also from the state of conservation, from the year of minting and whether it is a simple investment gold pound or a numismatic gold pound (i.e. with minting defects or produced in a particular year). All of this makes it a little more difficult to establish the true value of a pound of gold and always requires the advice of a trusted expert. Those wishing to make the purchase of physical gold have the possibility of following two different paths.

The first leads savers directly to an authorized bank counter (not all of them are) and where it is possible to have the maximum and immediate guarantee of security. The second way, on the other hand, leads the investor to turn to a professional gold trader duly registered. Only those with this authorization are authorized to physically sell gold and this solution is equally safe and guaranteed. In completing the purchase, the saver, once ascertained, the guarantee of the same with the examination of the relative certification that determines the purity of the metal will have to carefully examine the incidence of the costs applied both by the bank counter and by professional operators. It goes without saying that, with the same product characteristics and with the same certification, the operator who will offer the purchase at lower additional costs is the one to be preferred.


Read Also: the GoldBullion.co.uk are paying some of the best Gold Rates in the UK


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