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Gold coins and gold bars as a safe investment – important advantages and disadvantages

Throughout human history and in almost every culture, gold has always been a symbol of royalty, splendor and wealth. It is one of the first known precious metals and it plays such an important role in the evolution of mankind due to its rarity, durability and beauty. Numerous historical sources show that the ancient Mesopotamians as early as 2600 BC. Forged some of the first pieces of gold jewelry. Around 564 BC King Croesus established the first international gold currency and was considered the richest person in the world at that time. Investments in precious metals and especially in gold are still considered to be an advantageous and safe investment. The reasons for this are numerous!

For example, gold investments are not affected by inflation or fluctuations in the currency markets. The timeless precious metal has not only retained its value over time, but has increased it. Although quick gains are not expected with this type of investment, the risk of potential losses is moderately low.

Gold coins and gold bars as a safe investment - important advantages and disadvantages of gold on the stock exchange

However, since it is impossible to cover the entire topic of investing in gold in a single article, we have only summarized some of the most important information about it for you. You can find professional advice and good opportunities to buy and sell gold and other precious metals at Scheidestaette.de, as rheinische-scheidestaette.de.

Gold as a safe investment – types of investments

Jewelry gold – Despite its beauty, gold jewelry actually has the lowest investment value. The reason is, on the one hand, the high price, since it calculates the cost of producing the jewelry, i.e. the work of the jeweler, as well as the surcharge of the merchant. On the other hand, gold in jewelry is less pure, as other metals such as copper, silver, etc. have to be used in their manufacture. This is the only way for the jewelry to retain its strength. The maximum fineness in jewelry gold is 22 carats, with 18 carats being preferred as a rule.

Investment gold – This category includes gold coins and bars. Investment gold has a maximum fineness of 24 carats (999.9) and has a special certificate of authenticity that confirms where it was made. Real gold bars are mainly produced in four locations around the world, with all four manufacturers (Valcambi, PAMP, Argor-Heraeus and Metalor) being accredited and headquartered in Switzerland.

Gold coins and gold bars as a safe investment - important advantages and disadvantages gold jewelry jewelry gold carat

Investment gold as an advantageous and safe investment

Investment gold can be traded on all international stock exchanges. It has quick liquidity and can be sold for a safe price at any time. This type of gold is exempt from all sales taxes, duties and excise taxes. It brings excellent returns to those who have chosen to invest in it.

The greatest advantage of buying gold coins and gold bars is that you can sell them safely and quickly at any time, and also that you can actually own them. The main disadvantage, of course, is related to the risk involved in storing gold. It is advisable to use a guaranteed safe to deter potential thieves. Many gold owners therefore also decide to store their treasures safely in the vaults of a bank.

Gold coins and gold bars as a safe investment - important advantages and disadvantages small gold bars 100 grams

Gold coins

Buying gold coins is the most common and possibly the best gold investment. Coins are available in several standard weights, but are also graded based on current supply and demand. It is important, however, not to confuse them with numismatic gold coins or collector coins, the price of which also depends on their rarity and condition.

Gold coins and gold bars as a safe investment - important advantages and disadvantages gold coins valuable

gold bar

Gold bars are manufactured according to recognized standards for the weight and purity of gold. Real gold bars are only produced by gold refineries that are members of the London Metal Exchange. Unfortunately, there are more and more counterfeits on the market, so pay attention to the markings and seals when buying.

There are two types of ingot – cast or embossed. Cast gold bars are poured into special shapes of different sizes. After cooling, markings are usually made manually or with a press. Embossed gold bars are usually cut from a rolled cast bar, then punched with a press and labeled. Their manufacturing process can be compared to the manufacture of coins.

Gold has been considered absolutely crisis-proof and a safe investment for many years. The timeless precious metal is always up-to-date, trendy and attractive. A gold investment is something that you can benefit from over the long term.

Gold coins and gold bars as a safe investment - important advantages and disadvantages of gold bars gold investment