Plan Ahead for Holiday Gifts of Silver

Metal Ounce Gram
Gold £1300.88 £41.824
Silver £17.723 £0.57
Platinum £769.823 £24.75
Palladium £1532.419 £49.268
Updated 06:54 22/10/21
Time Zone: UTC
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Plan Ahead for Holiday Gifts of Silver

Are you looking for an elegant Christmas or holiday gift of silver? While there is no shortage of options when it comes to silver gifts, you should plan for a gift in advance. Not only it helps you explore more gifting options, but you also rest assured that you have a less stressful holiday. Silver has been among the most appreciated gifts since the beginning of civilization. Even today, silver gifts like silver jewellery, coins and silver bars work beautifully as gifting options.

In this blog post, we will make you familiar with why you should add silver bars on your shopping list for your friends, family and special ones this festive season. So, without any further ado, let’s get started.

Why Silver Bars Are Good Gifting Options

For some people, it might seem crazy, but silver bars are an ideal gift for occasions like Christmas, Thanksgiving, Easter, Halloween, and more. Let’s take a look at some reasons why you should go for silver bars.

Lower Cost Per Gram
If you want to gift silver only, but you’re looking for an affordable option, silver bars are an excellent choice. The reason is, silver bars are cheaper per gram when compared to silver coins. Silver bars have a lower production cost in comparison to jewellery or coin. Therefore, you can buy more silver for the money you invest. Additionally, silver bars are available in abundance in the market so you won’t need to spend hours to choose the right bar.
Easy to Store
It is easy to store a silver bar due to its convenient size. Some silver dealers also provide a suitable storage solution for silver bars. They let you store your silver in a secure vault. Storing silver bars at home is not difficult as well as they are rectangular and requires less space.

Tax Efficiency

A lot of people prefer to buy UK silver coins because they have a face value which makes them legal tender. As a result, they are exempt from Capital Gains Tax. On the other hand, silver bars are not legal tender. However, they can also be purchased without paying VAT. When you buy silver bars from physical gold, routed through a European location, it qualifies for VAT exemption.

Attractive Gift

Silver bars offer attractiveness and investment-grade options to your holiday gift-giving. Available from fractional to multiple ounces, they add glamour and glitter to your gift-giving. After all, they have inherent beauty and value. So this holding season, add silver bars to your gift-giving plans and get a lot of appreciation.

At RPS Gold, we have an extensive selection of gold and silver bars that you can choose as per your needs and budget. We are proudly located within the jewellery quarter of Southall, England. Besides this, we have two more stores in the heart of Hatton Garden, trading with the name of RPS Diamonds and Abrahams Diamonds. We have the legacy of 50 years that we earned with continuous hard work and our transparency. To buy silver bars, visit our website or call us at +44(0) 20 8574 2450.