Gold storage is a simplified term for storing physical holdings of gold and other precious metals, whether it be in coin or bar form. There are many options available to people interested in gold investing.
Investments can be made by purchasing and storing physical gold, purchasing items that represent the ownership of gold, or buying stocks. You can also buy & store gold in Switzerland online.
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Here are a few ways to make a gold investment:
1. Gold Coins
The governments of several different countries issue gold bullion coins as legal tender. The price of gold coins is determined by their fineness or the ratio of actual gold content to other materials in the coin.
2. Gold Bars
Gold bars are the most traditional form of gold investment, and they are sought after by many central banks throughout the world. Bars are available to investors in a variety of sizes such as one kilogram, ten ounces, one ounce, ten grams, and 100 grams. Bars should always be purchased with a certification.
Exchange-traded funds, or ETFs, are traded similarly to shares at the major stock exchanges. ETF funds purchase large amounts of gold and hold it in storage. They then issue shares that correspond to the price of bullion.
If prices rise by 5%, then individual ETFs would increase by the same 5% as well. ETFs allow investors to easily trade and buy in small quantities. ETFs may require a small storage fee annually.