Gold; a chemical element which we have been infatuated with for millennia, a sign of status and a glinting reminder of success; this is the historical, societal definition of this precious metal. It is a substance which always has and always will, measure the success of human beings. From the Bronze Age, 2000 BC, to Tutankhamen’s burial chamber, to the Gold Rush of the 1800’s, gold has long been synonymous with opulence, luxury and the promise of a better life.
The good news is that you don’t have to be a tomb raider or go wondering around panning in rivers to invest in gold nowadays. It is much easier than it was back in the days of horse drawn carts and midday shootouts, and anyone can invest in the gold market. Despite the fact that more people have access to investment in gold bullion it is as good an idea as ever to put your money into this precious metal. Why you may ask? Gold is a tangible investment and, at times, a much more secure investment than stocks. Although always apparent, this idea was reinforced a couple of years ago when the financial crisis struck. While the stock market dipped the gold price boomed as investors fled the stock market in search of a more corporeal investment: Gold.
Let’s make something very clear. Investing in gold is very different to investing in stocks, meaning both markets have their pros and their cons. For one, gold coins will not give you an income, because coins cannot yield dividends like stocks. That being said, if you don’t require the income and you are simply looking to put your money into a worthwhile investment for the future then gold bullion can be an extremely valuable investment.
It is vital to remember that gold bullion coins track the gold price, so if you were to consider withdrawing your investment you would have to do so at the right time, when the price is high, so as not to lose your investment. This can be a tricky business because the gold price can be quite volatile at times. However, with proper guidance and attention to the market there is no reason why investing in gold bullion shouldn’t be a profitable investment for the future.