Gold coins and bars are most common and best options for those looking to invest in physical metals. This conventional investment has withstood the test of time and is as rewarding now as always was. So, investing in the bullion market remains lucrative and advantageous irrespective of anything else. But, for that, you need to be familiar with the pros and cons of the market.
That is, even if you are an investor with experience, it is strongly advised to take into account the positives and negatives of investment. Definitely, this precious metal is one of your strongest guards against perils of times, even if the times are modern!
Let’s consider Gold Bars first:
Gold Bars are generally thought of as one of the safest, simplest and effective ways to convert your hard earned wealth into precious metals. These raw metal slabs are easy-to-store, secure and can be stacked easily because of their compact rectangular shapes which make them easily transferable as well. Sizes of these slabs vary from small (1-10 oz) to large (10-100 oz) units.
All these come as advantages for the investor interested in enhancing and strengthening financial portfolio. It has been seen that large bars come at low premiums usually than their smaller counterparts. However, in times of selling the metal, the smaller ones are more flexible vis-à-vis the larger ones.
Now, gold coins
Gold coins present more advantages when it comes to, either buying or selling. Firstly, they are economical because of their typical state-owned large scale production at mints (this credits them with official status); secondly, they are recognized in every part of the world and resalable which make them high liquid and thirdly, some categories of coins do not attract the CGT.
All these features make coins appealing, worthy and profitable that they are. No wonder, premium of gold coins is higher than its spot price because of its advantages of collectability and legal status.
Investors in gold bars and / or coins make decisions based on factors as their personal preference, flexibility or tax considerations.
This article is for information purposes only.
Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.
There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.