3 Ways Novice Investors Can Invest in Physical Gol
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Investors should reevaluate their financial strategies as the new year approaches, as inflation continues to increase and the purchasing power of some currencies is eroded. By finding new ways to protect their portfolios against possible losses, investors have a better chance of safeguarding their wealth and building a foundation for long-term financial security.
One of the best ways to do so is to invest in gold. Given that there’s an extensive range of gold assets to choose from, we discuss the best physical options, particularly for beginner investors.
One-ounce gold bars
These gold bars balance out value and affordability, which make them a popular choice for investors who’d want to diversify their portfolios with a precious metal. One-ounce gold bars also have lower premiums compared to the spot price, which offers investors better value per gram of gold.
In addition, these gold bars are easy to liquidate, as reputable refiners and mints produce them with certifications and serial numbers to ensure authenticity. This level of transparency and trust only enhances their attractiveness for investors seeking secure investments.
Further, one-ounce gold bars offer a reliable hedge against economic instability and inflation.
One-gram gold bars
These bars are a good choice for beginner investors seeking an affordable entry point into gold investments or those with limited funds. These lightweight bars are ideal for investors who’d like to include gold in their portfolio without making a considerable financial commitment.
The flexibility of 1-gram gold bars is one of the primary advantages of investing in these bars, as this makes them easy to trade, sell and buy because of their lower price point and smaller size. One-gram gold bars are also perfect for investors who’d want to accumulate gold over time and/or those who’d like to carry them around.
Collectible gold rounds
Investors who savor the balance of financial security and value may prefer this option. Gold rounds often feature limited mintages and intricate designs, which make them appealing to both investors and collectors.
While the precious metal content is a considerable factor in their demand, their aesthetic appeal and rarity enhances their value.
Beginner investors interested in collectible gold rounds should center on designs with a documented record of increasing or maintaining value over time and reputable mints. Iconic imagery, historical events, and popular themes are known to improve the desirability of gold rounds.
It is important to note though that premiums for this particular gold investment may be higher than premiums for standard bars.
As one’s investment acumen grows, other gold investment avenues like gold stocks of companies, such as Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) can offer additional ways to gain exposure to this precious metal.
NOTE TO INVESTORS: The latest news and updates relating to Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) are available in the company’s newsroom at http://ibn.fm/ELRRF
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