How to Buy Gold and Bullion by post and Make an Investment in a Precious Metal
Gold is a precious metal and financial asset that invariably retains its value over time. This property has made it popular. Let’s see why it is profitable to buy gold.
Even in ancient Egypt, gold was considered “hard money.” At that time, gold was used as money. In the course of trade, gold bars and gold coins were used primarily to exchange them for goods. The Egyptians knew this precious metal, and they well knew its value: as history shows, the limited availability of this resource in nature always guaranteed its certain value. During the war, the winners always received a gold reserve of the vanquished. The increase in gold reserves strengthened the currency of the winning country.
Even after the formal abolition of the gold standard, at present, the value of any currency is oriented to gold, at least partially.
Along with physical means of payment, such as gold and silver coins, in the process of development appeared electronic money known to us and related modern financial instruments. These means of payment are often subject to fluctuations in the exchange rate and are partly very vulnerable to crises. Recently, this has been reflected, above all, in the price of gold. Around the world, there has been a rejection by investors of cash investments in favour of capital investments in the form of gold.
An increase in demand led to an increase in the price of gold: From 2001 to 2011, the price of gold increased by 715%. Although experts’ forecasts vary widely among themselves, nevertheless, most experts expect an increase in value in the medium term.
Why Should You Buy Gold Coins and Bullion by post in London
One of the most common questions is why and when to buy gold in London. There is no definite answer, but let’s look at some indicators as to when the price of gold can rise.
Just look at the events of the past few years to see what factors affect gold. In the UK, the price of gold has risen since June 2016 due to a drop in the price of pounds.
If you are still looking for where to invest, you may have a question: is gold a good investment in the future? To help you make your decision, the following is a list of three main reasons why gold is worth investing:
- Gold retains its value for a long time.
- Gold gives you protection even in the worst of times.
- Gold is valued all over the world.
When you invest in gold, you do not need to worry about how currencies will change over time. Gold will always remain your reliable investment.
No matter where you are in the world, gold can be exchanged for the same amount. It can also be easily transported in relatively small quantities by bar or coin.
Buy Gold Bar, Coins and bullion in London delivered by post
If you plan to buy a gold bar in London, then we are talking about products manufactured by licensed manufacturers. LBMA is an international union with headquarters in London. The Association unites and represents the main actors in the gold market, as well as their customers. The union includes central banks and enterprises producing mainly gold and silver bars. The LBMA Association issues licenses only to manufacturers that meet certain requirements and produce gold bars only in a pre-determined circulation. This guarantees the authenticity and purity of the ingots, and you can sell these ingots in any country in the world without reducing the cost.
The physical characteristics of gold and silver bars used in a settlement in the market are described by the Good Delivery specification which is a set of rules issued by the LBMA.
Buy Gold Coin in London
Gold coins are produced by mints around the world. Today you can buy gold coins in London with a huge number of different designs, as well as different masses. Gold coins can be a great way to create a gold portfolio, as a typical gold coin has a reasonable spot bonus and is easy to store.
Regardless of where the gold coin was minted, it is considered a good legal tender and has a different nominal value. Over the years, the United Kingdom has issued many gold coins, which both investors and collectors want to buy.
Buy Investment Coins and Bullion by post in London
The Mint made the majority of the country’s coins for over 600 years. Today, the Mint offers the population gold and silver coins on favourable terms and taking into account the real value of metals at a particular moment. Thus, there are more and more people who want to buy investment gold in London.
Buy Gold Bars in UK
When it comes to investing in gold, there is a great opportunity for investors and collectors to buy gold bars in the UK at reasonable prices and in large quantities.
Gold bars are sold not only in one ounce and fractional ounces but also in large scales:
- 10 oz
- 1 kg
- 400 oz
Since gold bars can be produced in large quantities and have no face value, bars can potentially provide investors with a way to get more total ounces of gold per pound spent.
Gold Bar 1kg
If you want to convert large amounts of cash into gold bullion, you can buy a gold bar 1 kg. The gold kilogram bar is especially in demand among major investors around the world. Gold retains its value even in unstable times, it is always a necessary raw material.
On the outer surface of the gold bar you will find the following marking elements:
- Serial number
- Precious metal purity
- Factory mark
- Year of manufacture
The width and length of the small bar base must be such that the specifications for beveling are met. The bevel along the bar length should fit between 7% and 15%, and the bevel along the width should be between 15% and 30%. The 1 kg weight bar contains 1000 grams of 999.9 per cent fine gold.
1 oz Gold Bar Price in UK
Gold bars are available at competitive prices that are ideal for investors. The 1 oz gold bar price in UK, provided it is a brand new product and contains exactly 31.103 grams of pure 24-carat gold (999.9), shipped with an authenticity certificate directly from an approved LBMA, is £ 1,367.38.
100 Grams Gold Bar Price
Gold bars are also available in a weight of 100 grams. Provided that these are new products, 999.9 pure gold, with a certificate of authenticity directly from the London Bullion Market Association, 100 grams gold bar price is from £4,098.67.
1 Gram Gold Bars for Sale in UK
The small size of 1 Gram Gold Bars for Sale in UK allows for even the smallest aspiring investor to hold a piece of pure 24 carat gold. Such an offer is perfect for you if you do not have experience in investing in gold and you are poorly oriented in the market. The 1 gram gold bar is your great start.
How to Buy an Ounce of Gold
If you are ready to start investing in precious metals, you should understand how to buy an ounce of gold. First, decide what kind of gold you will buy, and also determine the form in which you would like to buy. You can choose gold coins or bars. Then do your research and find a trusted seller.
Finally, prepare for how you will reliably protect and store your gold. There are many factors and options for this. For a small fee, you can store it at a trusted third party. Of course, many prefer to store their gold in their own vaults or safes at home.