Gold is one way to diversify your portfolio. Experts suggest allocating around 5%-15% of your portfolios to gold or gold-related investments. Physical gold is worth having because it’s a universal finite currency, held by most central banks. It’s relatively rare, and its value often doesn’t move in line with other assets such as equities or property. It can provide insurance for your portfolio.
Gold bullion is another form of ‘saving for a rainy day’. Gold is a good way to ensure wealth preservation and for passing wealth from one generation to the next.
Gold bullion coins allow investors and collectors to own investment-grade gold legal tender coins at a small premium to the spot price of gold as quoted on the markets. The value of bullion coins and bars is determined almost solely by the price of gold, and thus follows the bullion price.
Precious metals offer investors one proven way to avoid the fear of inflation. With gold bullion in your portfolio or even in your safe, you have a solid foundation for your wealth that the changing economic tides will not damage.
When you are investing in gold, buy from a reputable gold bullion dealer. There are many types of gold items, such as jewelry and certain coins that are made of less than pure gold and are not gold bullion.
You want the value and liquidity of gold bullion coins and bars offers. The prices of these items are backed by the authority of the agencies or countries that produce them. Since they have such solid backing and recognized values, they sell easily on the market. This makes it easy for you to exchange them for cash when necessary.