Why Buy Physical Gold?

BuyBullion24 believes that physical gold is the safest and most practical option to invest in gold. Other investments may be attractive, but they generally have dangers that outweigh gold's advantages.

What makes physical gold investing smart?

Physical gold, like coins or bars, has many advantages over electronic or paper gold. Despite a decade since the Great Recession, the banking system remains unstable, and currency markets, inflation, and sluggish growth endure following the epidemic and European tensions.

Physical gold protects against economic turmoil. Its value endures and provides ultimate wealth insurance in times of financial crises and a weak economy.

In September 2008, then-Chancellor Alistair Darling revealed that British banks were hours from stopping withdrawals. This disturbing disclosure showed financial system instability. Even with many precautions, 2020 showed how quickly a global disaster may change the economy. Trillions of dollars pumped into the economy and record national debt levels momentarily stabilised the financial system, while inflation rose to decades-high levels, draining bank deposits.

Physical Gold Versus. ETFs

When investing in gold, "if you don't hold it, you don't own it" is especially true. Gold ETFs lack the security of physical gold.

Gold ETFs, gold-backed investment products, are volatile and out of your hands. Not fully backed by gold, some ETFs may sell more gold than they own. Bullion may be unavailable as demand rises and clients request actual delivery. Even fully physically allocated ETFs are managed by other parties, increasing risk. The ETF London Gold Exchange abruptly terminated in September 2011.

These issues do not affect real gold bullion. With no third parties, you can sell your riches to anyone. In times of uncertainty, actual gold lets you manage your assets and protects you from financial disaster.

Diversification

While actual gold is safe, we don't recommend investing all your money in it. Start by investing 5-10% of your liquid cash in actual gold. Many investors increase their allocation later, but 5-10% is a good start. Diversifying your portfolio among stocks, property, and precious metals is smart. Gold generally shines when markets fall. Gold is a long-term investment that works in any economy, so consider your viewpoint.

Past Data Speaks Volumes

History shows that gold outperforms many investments. If you like speculation, ETFs are an option. A balanced method is to speculate on gold's price via an ETF and store actual gold to mitigate risk.

Gold bullion investing does not require riches, contrary to popular belief. Gold bars and coins are used to secure riches in Germany, Austria, Turkey, Russia, and India, some of which have undergone economic disasters.

Storage/Safekeeping

Most investors keep their gold at home for convenience. Home storage has many benefits, but you must protect your investment. Security comes first, therefore don't share your gold assets with relatives, friends, or co-workers.

For further security, buy a modest home safe or use bank safety deposit boxes. Gold is easily concealable due to its high value; therefore, storage considerations only apply to millions of gold. The attic, cellar, wall cavities, floorboards, and shoebox under the bed are safe storage options. To prevent break-ins, hide it in hard-to-reach places.

Selling physical gold is easy. Trustworthy UK gold bullion traders buy and sell large amounts of gold. Online research and dealer calls might get you the greatest pricing. The dealer who sold you the gold may provide a reasonable buyback price, making the transaction easy. BuyBullion24 charges 96% of the worldwide gold spot price for gold purchased from us or other dealers.

In today's volatile economy, investing in actual gold is a good decision for wealth preservation and financial stability.

BuyBullion24 Recommends:

We at BuyBullion24 encourage our customers to look into bullion goods that offer the best value for their money, making sure they get the most gold and silver for their money. The best way to buy gold depends on your specific needs, including your personal preferences and the things we've already talked about. Pay close attention to things like premiums and freedom. If you're making big investments, think about the implications of Capital Gains Tax.

If you have any questions about investing in gold, please don't hesitate to call our friendly and knowledgeable team at 020 8861 4443. For any questions you may have, they will be happy to help you. You can also email us at [email protected], and we will get back to you right away with answers to your questions.