Invest in Gold Guide
The value of gold traces back to the Aztecs and through out history no other metal in the world has had quite the same appeal. Throughout the centuries people across the world from all types of cultures and back grounds have chosen to hold an amount of gold, and in particular since the financial crisis golds unique qualities have set it apart as the safe haven asset of choice.
Gold’s modern role
Gold’s unique qualities serve it as both a decorative item in the form of jewellery and as gold bars and coins for investment purposes. Many people choose to invest in gold due to its unique characteristics for wealth preservation.
- Gold has a negative correlation with equities meaning when riskier assets fail and gold trumps therefore balancing risk within your portfolio.
- In times of geopolitical risk and financial crisis gold has historically performed very well.
- The value of your gold cannot be destroyed by monetary stimulus and currency tampering like nearly every other asset.
- Gold is entirely outside of the banking system. You have full control and full physical ownership of your wealth.
- Gold is the best insurance against both inflation and deflation.
Why invest in physical Gold?
Physical gold holds it value whilst allowing you maximum control of your wealth, there is also zero counter party risk against other assets such as equities.
Gold Bars or Gold Coins?
In terms of price there is little difference, unless you are considering collector coins which may attain a higher premium.
A larger bar is naturally more cost effective than buying several smaller bars. Although owning several smaller bars you are afforded a much greater degree of flexibility, should you wish to sell part of your holdings in the future.
VAT on Gold
VAT does not apply to gold, this great tax saving significantly adds to the yellow metals appeal.
Capital Gains Tax Free Gold
All British legal currency is exempt from CGT. Therefore by investing in British Sovereigns and Britannia’s no matter how much profit you gain in the future no CGT will be due. This is often highly significant if you wish to store your gold for the long term.
Storing your Gold: At home or in professional storage?
Where to store your gold is a choice that really depends on your individual situation. We offer a free fully insured next day delivery service on all orders or the choice of professional storage.
Our secure storage facilities give you total peace of mind that your investments are safe and secure. Storing your gold with us also makes it a lot easier should you wish to sell your gold at a later date.
Further Questions?
We hope this guide has helped you gain a further understanding into the benefits of holding gold. Please feel free to give us a call or email if you have any further questions about how to invest in gold or when to invest in gold.
Our contact details are 01202 611061 and info@kkbullion.co.uk.
