There are various reasons that attract investors to choose to invest in gold as a way to gain positions. Whatever may influence their decision, the main aspect of the idea is to learn the best methods that can be used to invest in gold and hold it as part of the broader investment portfolio.
There are a number of different available options in the modern investment models, from traditional to more innovative and the choice will depend on the investment objectives. Here are some of the common and proven methods that can be used to invest in gold.
How to Invest in Gold: Physical Gold Bullion Coins and Gold Bars
Purchasing precious metals such as gold or silver in the form of coins or bullion bars is considered as one of the most convenient and safest methods of investments.
Bullion investors have a good opportunity of choosing from a wide range of products when it comes to purchasing gold coins and bullion. This is because buyers have a variety of products under this investment option and they access top gold IRA companies who compete fairly to provide reasonable prices in the market. 1 Oz of gold coins have been traditionally highly preferred among investors, especially with the American Gold Eagles, Australian Kangaroos, South African Krugerrands and Canadian Maple Leafs.
However, it is always important to keep in mind that when buying physical gold, it is priced higher than the prevailing current price in the normal market. For this reason, it reflects the difference between the retail and wholesale gold prices. To make wise decisions, always request a Free Gold IRA Investment Kit. This takes the investor through a preparation on how to make bullion purchase and avoid or reduce chances of unnecessary premiums and fees.
The advantages of gold investing in physical bullion:
The government does not get to know about the investment therefore, privacy is guaranteed
It eliminates the risks associated with systemic collapse as the investor in fully in control of their trade deals
Investors get access to lower premium over spot
There are highest possible purity levels of gold in the market
It is impossible and hard to deal with counterfeit bullion coins due to unique serial numbers on each bullion coin
The respective governments issuing bullion coins recognize most of them as currency and hence can be exchanged for legal tenders
Disadvantages of gold investing in physical bullion:
Investors cover any storage cost
The process is not easy as the trade involved in “paper” gold