Many believe that gold remains one of many few assets with intrinsic value.
Purchasing the metal has never been simpler with bullion dealers, Buy Silver Bullion and hundreds of online companies offering to promote gold coins and bars.
Gold could be purchased using a vending machine in certain shopping centres.
How and where you get determines the price you pay – plus some forms of purchase offer far better value than others.
Bullion coins designed for investment purposes – such as Sovereigns, Britannias or Lunars- can be purchased throughout the Royal Mint (royalmintbullion.com).
Probably the most commonly bought coins, Sovereigns and Britannias, include a set quantity of gold. Using a Sovereign it is .2354 of any Troy ounce. A Britannia is a full Troy ounce.
Equipped with that information, any buyer should be able to check the market price and discover how much above that they are paying.
Various other exotic coin types, including the US Buffalo, can be purchased by other dealers, like Coininvest (coininvest.com).
Bullion coins are typically produced into a less perfect finish than Precious metals service made for collectors.
Therefore their price tracks more precisely the price of the gold they contain.
Gold bars can also be purchased through Royal Mint for less than £20.
Buyers, like all the Mint’s bullion services, can have the bar shipped to their homes or offices by insured post, or they could store it from the Royal Mint’s own Welsh vaults, for the fee.
It might be cheaper to buy exactly the same quantity and excellence of physical gold by doing this.
Simply because the Royal Mint also distributes its gold bullion through other brokers, and it also is not going to want to drive these out from business.
These are typically shares that act similar to funds, tracking an index or seeking to replicate the performance of an asset. Some track the buying price of gold. They may be bought and sold via stockbrokers or dea1ers brokers, as with all other share.
A common choice is ETF Securities’ Where to buy gold bars, which contains an annual control of .49pc. Another is iShares Physical Gold, a more affordable option, costing .25pc.
Alternatively, investors can purchase a unit trust run by way of a fund manager who invests in bullion and gold mining companies.
Evy Hambro, who oversees the respected BlackRock Gold & General (total annual cost 1.17pc), is viewed as one of the best gold fund managers around and regularly features on broker buy lists.