Gold is one of the most traded commodities in the world. Gold has a global store value, which is why Central Banks hold around one-fifth of the worlds gold today. Making great use during economic uncertainties.
Silver Products
Similar to gold, silver offers great diversification to your portfolio. Its cheaper price compared to gold makes it much easier to trade or sell during times of uncertainty.
How much should I buy
Several analysts suggest maintaining a typical amount of 5-20% of personal assets in gold and silver. Considering individual risk tolerance and long-term objectives, your optimal allocation might differ from this guideline.
Bullion Coins
Coins are typically smaller and more portable than bars, making them easier to transport and store. Certain coins, such as sovereign coins like the American Eagle or the South African Krugerrand, are widely recognized and easily traded, providing easy liquidity and resale. Certain coins can provide a level of privacy and confidentiality, as they may be exempt from certain reporting requirements in some jurisdictions.
Bullion Bars
Due to their uniform shape and size, gold bars are often easier to stack and store in vaults or a safe deposit box. While some gold coins may have limited recognition outside their issuing countries, gold bars are universally accepted and traded in global markets, providing unique flexibility for international transactions.
Disclaimer: The information provided on BullionSelect regarding bullion buying tips is for informational purposes only and does not constitute financial or investment advice. BullionSelect is not a licensed financial advisor, and the tips offered are based on general knowledge and research. We recommend consulting with a qualified financial advisor, BullionSelect assumes no responsibility for any financial decisions made based on the information provided.