Investing in gold can be a good diversifier for your portfolio, especially at times of economic uncertainty and market volatility. It can also help protect against inflation.
There are a UK digital gold guide of ways to invest in gold including physical bullion coins such as the Gold Britannia and the Gold Sovereign which offer investment grade quality, trusted purity and weight and the added benefit of being CGT free. Bullion coins are available from a number of dealers and brokers.
A UK Guide to Digital Gold and Modern Wealth Preservation
In addition to physical gold, there are also digital gold platforms that enable you to trade precious metals without the need for storage and associated considerations. These include DigiGold which is backed by physical precious metal bars stored at The Royal Mint’s vault in Llantrisant, South Wales.
A key consideration when investing in gold is whether you want to hold it physically (as bullion coins or bars) or digitally (through ETFs, funds or mining stocks). Physical gold provides the benefit of a tangible asset while ETFs and funds provide easier accessibility and flexibility but come with storage and trading costs.
For many investors, the best option is digital gold which eliminates the need for storage and is easily traded. Moreover, a digital gold investment is backed by real physical precious metals stored at The Royal Mint’s vault, providing peace of mind and security.
