Introduction to Investing in Gold
1. In this article, we will see how and why to buy physical gold online. Indeed, gold is considered one of the safest and most stable investments in the world. Over the years, it has demonstrated its resilience to economic and financial shocks. Gold is often seen as a safe haven asset that retains its value over time. Investing in gold can be a wise decision for investors looking to protect themselves against market fluctuations and diversify their portfolio.
The Gold Market: Key Figures and Current Trends
According to recent data, global demand for gold is constantly increasing. In 2023, it reached its highest level, with an annual increase of 8.23% since January 2000. This corresponds to approximately a 700% increase in 23 years. Since 1973, it’s an increase of 3600%! The COVID-19 pandemic has played a significant role in its recent growth. Many investors have sought safe assets to protect their money. Additionally, gold production has been affected by the pandemic, resulting in a decrease in supply. All of this has led to an increase in the price of gold.
How and Why to Buy Physical Gold Online: Benefits and Urgent Reasons
Investing in gold has many advantages for investors. Gold is a tangible asset that cannot be devalued or destroyed like currencies or stocks. It is also considered a long-term store of value. It can help investors protect themselves against inflation and economic crises. Moreover, during periods of economic and geopolitical uncertainty, gold is often seen as a safe haven. It provides security for investors.
Different Ways to Invest in Gold and Physical Gold
Investing in gold can be done in several ways:
– Through the purchase of shares in mining companies.
– By investing in gold-related ETFs (Exchange-Traded Funds).
– By buying gold online or in-store.
– Or by using platforms such as BullionVault.
Investing in mining company shares can offer high potential gains but also involves higher risks associated with the company’s operations.
ETFs can provide exposure to gold without the costs associated with buying and storing physical gold, but they can also be affected by market fluctuations.
Buying physical gold online or in-store can provide a safe and tangible storage option but may involve high costs for storage and sale.
BullionVault offers a low-cost online storage option.
Ultimately, each option has its advantages and disadvantages. Choices should be made based on investment goals and each investor’s risk tolerance.
Advantages of BullionVault
BullionVault is an online marketplace where investors can buy and sell physical gold, silver, and platinum. It has become a popular platform for precious metals investors and offers many advantages compared to other investment options.
Firstly, BullionVault provides direct access to precious metals. Investors can buy and sell precious metals without having to go through mutual funds or futures contracts. This gives investors full control over their investment, allowing them to make more informed decisions and closely monitor market developments.
In addition, BullionVault offers lower transaction costs compared to other investment options, such as physical gold coins and bars. Investors can buy and sell small amounts of gold, silver, and platinum at much lower fees than other markets.
BullionVault also provides secure storage services for precious metals purchased by investors. The metals are stored in highly secure professional vaults in storage facilities in Switzerland, the United Kingdom, and the United States. Investors can even choose the location of their storage, allowing them to diversify their investment internationally. BullionVault also offers competitive rates for 100g gold bars and other specific quantities.
I personally use and have been satisfied with BullionVault since 2008. It offers many advantages compared to other precious metals investment options, making it one of the best choices for investors looking to enter the precious metals market.
By using my referral link to open a BullionVault account, you can enjoy several benefits. Firstly, you can receive a bonus of 4 grams of gold (worth approximately €200) after making your first gold purchase. Additionally, you can also benefit from a reduced commission on gold, silver, and platinum purchases compared to the standard rates offered by BullionVault. Finally, by using my referral link, you also support my work and allow me to continue providing useful and informative articles to the community.
Disclaimer: I would like to emphasize that I am not a professional financial analyst or a wealth manager. The information I provide is based on my personal online research and general knowledge. It should not be considered or interpreted as professional financial advice. I recommend consulting a financial expert or tax advisor before making any investment decisions or financial strategies.
Sign up to be notified of the release of my next article. Comment to let me know how you are currently investing in gold. Thank you for reading!
