It is not rare that friends around us buy some gold coins, bars or other. As an increasing number of investors pour capital into buying gold, the market booms. Then we may ask why it is so prevalent to invest in gold? The answer is its intrinsic value, which most currencies, stocks lack. Let’s put it in this way, dollars are prone to inflation and stock market collapse while gold protects investors’ assets from devaluation. Thus, more and more investors choose gold as a safe haven, maintaining the value of assets. There are several different forms of gold investment listed below for reference:
The first kind is physical gold, commonly known as gold bars or gold coins. Physical gold are sold at Jewry stores and bank counters, made by nearly one hundred percent pure gold. Physical gold weighs differ from less than one ounce to hundreds ounce. So investors have a large variety of choice according to the amount of their capital.
Gold trading type No.2: gold saving account
The second type is gold savings account. Nowadays, gold investors have wider choices in investment type. Gold savings account is one of them and some investors prefer to invest gold in a passbook saving account for safe because they are heavy-weight gold investors. Moreover, investing gold in account is more expensive than buying gold coins or gold bars. However, it is not a popular way to invest gold because most financial institution such as bank do not provide gold storage or gold account for every investors. The options are only for those who invested a huge fortune.
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