Are there any disadvantages of investing gold

by texasnews

What are the minuses of investing in gold

Gold ingots – more precisely, their sale is the prerogative of banks and large financial institutions.

The cost of one ingot varies depending on how much gold costs in the world market and on what margins are in the same market. Despite the fact that the most liquid are small ingots, they are much more expensive than large ingots. The plus of investment in gold bullion is that the purchase of one ingot gives approximately 10 percent per annum. This is relatively slight, but gold is much more stable than any world currency. It is better to store gold in the bank, and even if the bank itself bursts or all the money deposits, you can take gold without any problems. However, before buying gold, it should be noted that the buyer loses the margin about 20 percent.

You may also like

© BelieveInTexas – believeintexas.com, 2017-2023.