How to Invest in Gold Bars

Metal Ounce Gram
Gold £1299.961 £41.795
Silver £17.718 £0.57
Platinum £773.543 £24.87
Palladium £1536.937 £49.414
Updated 07:34 22/10/21
Time Zone: UTC
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How to Invest in Gold Bars

Generally, people buy gold bars for gifting purposes, celebrating festivals and on special occasions like anniversaries and weddings. Have you ever wondered, gold bars can be a good investment? A lot of folks don’t realise, but gold can prove a good investment in the long term as its value increases with time. In various ways, it is a better investment than stocks and bonds.
This post will guide you on how to invest in gold bars, but before that, let’s learn some benefits of investing in it.
What Makes Gold Bars a Good Investment?

Gold is Money
While we don’t use gold bars as a currency, it is superior to any money. It has a better store of value that is timeless. Therefore, gold bars are the right choice for a long term investment. Furthermore, you can invest in bars for your family’s financial security.

Gold Bars are Easy to Liquidate
What makes gold bars accessible to almost all kinds of investors is that they are easy to liquidate and simple to sell.

Gold Has No Counterparty Risk
With gold bars, no paper contract is required. Even no party is needed to fulfil a contractual obligation.

Gold Can Be Confidential
If you want to keep your investment confidential, gold bars are one good option that provides it. Since you don’t need to keep it in your bank, it is hidden.

Better Protection against Inflation
If you see the record of gold investment, you will notice that gold has shown positive results even during the economic downturn and market instability. From 2005 to 2020, the gold price has increased by 360% while the same period the Dow Jones Industrial Average rose by only 153%.
Now you know why gold bars are a good investment. Let’s find out how to invest in them.

Investing in Gold Bars

Step 1: Review Your Investment Portfolio
Before you make any investment, you should review your current investment portfolio. You can divide your investment money into categories depending upon your risk level. If you notice the more risk invest less. Since investment in gold bars is considered pretty safe, you can involve 10% of your total portfolio.

Step 2: Determine The Type of Firm
There is no dearth of firms that are selling gold bars in the United Kingdom, but you should look for the one that provides 100% security at best prices. Some investors also choose to buy gold bars through precious metal exchanges or investment brokers. Choose the route you find suitable for you.

Step 3: Decide on the Size and Purity of the Gold Bars
Gold bars are available in different sizes from as small as 1 gram up to the kilobar. Look for a dealer who keeps gold bars of different size and carats.

Step 5: Place an Order
If you’re buying gold bars from a brokerage firm, you might have to open an account, but local dealers don’t have such requirements. Nowadays, most gold shops in the United Kingdom allow you to buy gold bars online even.
We at RPS Gold sell a wide range of gold bars and at exceptionally low premiums. We also let you shop them online through our website, i.e. rpsgold.co.uk. We are into this business for the last 50 years, and renowned for selling pure 24 carats approved gold bars. To know more visit our website.