It’s no secret that the price of gold has increased significantly over the last few years. It’s always best to buy gold because the price has risen by nearly 330% compared to 1990, while the Dow Jones Industrial Average (DJIA) only increased by 153%.
Gold has outperformed traditional stocks because global inflation and geopolitical uncertainty have not affected gold prices so staggeringly. Here’s everything you should know about the benefits of buying gold and why you should buy gold coins in London to gain maximum ROI.
It’s beneficial to buy gold bars in London because the price of gold is usually relatively stable. It does not go down by a significant margin, even if there’s a crisis that is causing all other commodities to fluctuate.
Even if you prefer to buy silver, it’s always worth holding at least some gold because it can net you a return down the line.
1. Price Stability
Even the prices of stocks can go down to zero if there’s negative news about the company. However, gold will always have a high value in the market.
Gold has been traded since the dawn of time and it will always be a shiny and gorgeous asset that most people want to get their hands on.
People have always preferred trading with gold for centuries, mainly thanks to its price stability. It is possible to check the rate of gold today from any source to keep track of it in the future.
This will also help you understand price fluctuations to predict market behaviour. Gold has always had a healthy track record of being a go-to asset, no matter an investor’s age.
However, many older people still prefer gold, especially if they are unfamiliar with the world of cryptocurrencies and other modern digital assets.
2. Future Generations Can Inherit Gold
Imagine the look on your children’s faces when you gift them gold bars that will boost their wealth. When you buy gold coins in London, you can easily pass on your assets to the next generation.
Many people also give gold ornaments to their loved ones, which is where the coins can look great to add to your child’s collection. If you buy gold coins in London, these can be an excellent gift for a newly married couple.
No matter how many decades go by, your coins will never lose their sheen. The market value of your gold coins will also remain consistent. Unlike other modern assets, you do not risk waking up one morning to shockingly see most of the value of your gold plummet.
3. Easy to Get a Loan
No matter how financially and emotionally prepared we are, an emergency can always arise. This is when you may have a health problem and need extra funds urgently. The good news is that you can easily depend on your gold to be liquidated easily in the market.
This is because everyone always wants gold. Even better news is that you do not need to sell your gold to get a loan. Plenty of financial institutions and banks can secure a loan against your gold assets.
4. Best Supplement to the Stock Market
Even though many people can make a lot of good money while trading stocks, there are too many risks. Investing only a small fraction of your savings in the stock market is best.
Always balance your investments by acquiring physical gold coins. The rate of gold will not drastically collapse like real estate or stock investments. Your gold coins will be protected in the long run, and you can diversify your risks to get maximum returns thanks to gold.
5. Gold Does Not Deteriorate
Other investments, like properties, tend to deteriorate over time. Imagine how much money you will need to spend on renovations after a few years when everything starts to get old and falls apart.
The good news is that your gold coins will get the same price in the market as new gold coins.
Gold does not deteriorate with time. Unlike assets that depreciate over time, gold remains steady. Gold is also seen as a status symbol in society, so you can always count on getting excellent liquidity in the future.
6. Gold Does Not Require Maintenance
Investing in gold coins does not require any maintenance. It’s possible to keep them somewhere safe for numerous years without worrying about them losing their value or appeal.
This would not be possible if you invested in another asset like property. This is because you must keep investing regularly to maintain the curb appeal of your investment property.
Gold does not need so much attention from the buyer. You can safely buy all the gold you want and store it in your safe without needing to polish it daily.
7. Gold Is Easy to Buy and Sell
Gold coins can be bought very easily from any jewellery store or broker. However, you should always purchase your coins from authorized sellers to ensure you receive a guaranteed certificate with every product.
Ensure that you check the seller you want to buy gold from. We offer the most competitive prices for the best assets in the world that you can pass down the generations without needing to maintain.
Then, if you ever run into financial difficulty, you can sell your gold bars and coins anywhere in the world and get quick cash in your wallet to tackle an emergency.
Buy Gold Securely
Now that you know the top benefits of why you should buy gold, it is time to add some elegant coins and bars to your asset collection. Remember that gold is an excellent gift if you want to give your kids something that will teach them how to generate more wealth down the line.
Imagine the look on your child’s face when you present them with a gorgeous gold coin they can hold and benefit from its price stability. Contact our gold experts today and we can help you buy the best gold coins and bars in London.