Why Should I Invest In Gold Bullion?

The Bullion Market gives you their key points for investing in gold bullion. Some simple do’s and don’ts but also key benefits that as a bullion investor you shall now receive.

Gold Bars are Remarkable Stores of Value

Despite constant change in the global economy, gold prices have remained above inflation making it a tangible object which you can invest in for long-term financial security. However, as a new investor buying gold online, you first need to examine your financial position to ensure you do not overspend. It is important to set a practical limit when investing in gold bullion.

Types of Gold Bullion

Do your research into the different types of gold bullion. It is not enough to know most of the time it is traded in coins or bars and occasionally rounds. The price is determined by the content and purity of each piece and the spot live at the time.

Investing in Gold Coins

Gold Coins are a popular trading and collecting item due to a constant production, wide variation and growing demand. Famous examples of gold coins include the American Gold Eagle, the Chinese Gold Panda, the South African Gold Krugerrand, the Austrian Gold Philharmonic, and the Canadian Gold Maple Leaf. Most of the official gold coins contain at least troy ounce of Gold to ensure a level of prolonged quality in international production.

Capital Gains Tax Exempt Bullion

British legal currency, including gold and silver Britannia coins, is exempt from capital gains tax. That means investors can make an unlimited tax free profit on investments of any size and value on all these British legal currency bullion coins. Please be aware that this does not apply to any other type of bullion.

Investing in Gold Bars and Rounds

More often than not you will see that experienced bullion traders would prefer to deal in gold bars rather than coins, due to generally having greater proximity to the live spot price. Gold bars are mostly produced by private mints in a baffling array of sizes. Famous producers of gold bars include the Perth Mint, PAMP, Johnson Matthey, NTR, Ohio Precious Metals, and Credit Suisse. Gold rounds are rare, they are essentially coin-shaped gold bars manufactured by private mints.

Historic and Current Gold Prices

It comes as no real surprise we advise you to look into trends and changes in the live spot prices. For those who purchase gold bullion as a store of value it is less of a concern. But for those who are looking to profit, and see it as more of a commodity, we advise again to be sure you are comfortable with the investment you make.

Reviews of Online Gold Dealers

You may find our reviews a helpful place to start but always be sure you do some prior investigation into where your gold is being purchased. There is also a whole host of online discussion groups and forums dedicated to guiding you through the bullion minefield. Additionally, read the terms and conditions of each online bullion dealer — trustworthy gold dealers state clearly how they obtain their gold bullion products. Look for pricing as well — make sure there are no hidden fees, or excessive shipping and insurance prices.

The best way to find genuine gold bullion dealers is to simply contact them and weigh up your experience with them against each other. You’ll be able to find the best one relatively quickly as the best online gold dealers are quick to engage their customers and help answer questions. When conducting research, one final option is to contact the Better Business Bureau (BBB) to ensure the legitimacy of each gold dealer you are reviewing.

Buying Physical Gold Bullion Online

Once you have chosen your entrusted Bullion dealer and the piece you desire, the only thing left to do is pay. PLEASE NOTE all top bullion dealers should have no problem excepting a card payment, check or wire transfer. More often than not the later is preferred to avoid card fees.

Many online gold bullion dealers also will help you set up self-directed IRA using gold bullion. With a precious metals IRA you do not take possession of the gold bullion yourself, instead it is held in a depository on your behalf. Despite this obvious downside, the tax breaks when using an IRA to buy gold bullion online can be substantial. If your online gold dealer of choice does not have a gold IRA program, you may need to look elsewhere.

The Future of Gold Bullion

As gold prices have shown consistent growth over the years they make a sound and reliable investment. Additionally, gold is a tremendous store of value and the best hedge against inflation and economic downturns. In short, humanity has found gold to be synonymous with wealth since the dawn of civilization, and that fact is unlikely to ever change.

For more information on investing in Gold Bullion visit the Bullion Market Today.

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