While not immune to fluctuations in price, gold is an asset that investors can count on to help keep their portfolios afloat for the long run. With gold available in so many different forms, choosing what type of gold to invest in tends to be more difficult than choosing to invest in gold in the first place. Regardless of whether you are looking to invest in gold for the first time or are looking to enhance your gold stores, the following guide to gold investment options can help you choose the type of gold that is best for your investment needs.
Gold Coins
Gold coins are ideal for both short- and long-term investment strategies. The liquidity of gold coins makes them easy to buy and sell at any time, and their compact size makes transporting and storing them in a home safe or other secure location very manageable. American Eagles and other widely accepted gold coins can only be purchased by authorized dealers like California Numismatic Investors.
Bullion Bars
If you are looking to invest in larger quantities of gold, bullion bars like the Suisse Valcambi Gold Bars are a good alternative to bullion coins. Sovereign government-issued bullion bars are available in ingots ranging from one ounce to 32.15 ounces, the latter of which is valued at nearly $40,000 at today’s market rate.
Jewelry
Gold jewelry can be very valuable, and is a viable option for those who would rather not have their gold sitting around as they wait for a rainy day. Higher karats are indicative of greater purity and greater value. Jewelry should always be purchased from reputable dealers and verified for authenticity.
Gold ETFs
Gold-backed exchange traded funds (ETFs) are growing in popularity, primarily because they are being seen as a more reliable alternative to cash-backed ETFs. The disadvantage to owning gold in this manner is that the investor does not physically hold the gold.
For more than three decades, California Numismatic Investments has provided investors with safe and easy access to gold bullion coins and bars. If you would like to add physical gold to your portfolio or purchase precious metals with your IRA, read about our services on our website or give us a call at (800) 225-7531. Our goal is to help you feel better about your gold and precious metal investments.