Once someone has decided on a purchase, the obvious question is – how do I buy gold? The whole business of buying gold can seem daunting, an affair best left to connoisseurs and experts.
Our articles and guides cover a wide range of information from the nature of gold right through to gold, Capital Gains Tax and VAT.
Gold, silver and other precious metals can maintain special positions in the market in relation to tax regimes. Like many tax topics, this is a complicated subject. It is especially complicated because different types of precious metal products are treated differently.
When it comes to looking closely at which investment strategy is best for your particular circumstances, or when diversifying an existing investment portfolio to mitigate against risk, it is true to say that investment-grade precious metals offer a reliable hedge against volatility of investment markets for the long term.
The value of gold and silver bullion has generally risen and fallen in relative tandem over time; where gold goes, silver follows. For those who follow the gold and silver markets, this can feel satisfying because it makes knowing the relative value of each to roughly gauge simple.
Among the first things looked for when buying gold or silver is of course, its price. But how and why values are set is not always known by those starting their journey into buying gold. It’s the crucial element in determining how precious metals are priced, so knowing how the process behind it works is your first step towards successful gold investing.
This September marked the 85th anniversary of the UK leaving the gold standard in 1931. Similarly, August 2016 marked the 45th anniversary of the end of the gold standard in the USA. Gold was one of the central ways for a country to control the value of its currency.