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Maximise your returns with a ‘Buyback Guarantee’

Physical Gold’s Buyback Guarantee

When making an investment, it’s just important to know how easy that asset is to sell, as it is to buy. We promise to repurchase any metals sold by us, regardless of how much time has lapsed since purchase.

Whether you’ve bought gold or silver, coins or bars from us, we’re able to offer all our clients a Buyback Guarantee.  This provides you with the knowledge and comfort that if you need to quickly sell any, or all, of your holdings, then we’ll facilitate that for you.

Obtaining the best price

In fact, we go a step further, as we believe our role in buying back is as important as our guidance when selling. We give you a sell it now market rate for all your gold or silver if you need to sell immediately. Alternatively, if you’re able to wait, we make a note of your intention to sell and try, as brokers, to match with buyers over the coming weeks. If there’s a solution that works, then you’ll obtain an enhanced price, as we’re essentially cutting out the wholesale element.


Get the best prices when selling your gold coins. Download the 10 step cheat sheet


Buy the right asset in the first place

Investing in physical assets, rather than paper shares, gives you the peace of mind that

PHYS01_Animated_Gif_2_MPUyou own something real, with a tangible value. But often, selling that physical asset can be more challenging than offloading its paper or electronic counterpart. Fine wine, art and property are such examples. They may be appealing investments, but you only realise your profit if and when you’re able to sell that asset.

For this reason, it’s important to have an exit strategy in place even before you buy the asset. How many times have you heard of someone holding out for a price on their property, only to be told it’s only worth what someone will pay.

The best starting point is to ensure the asset you buy is as liquid as possible. For example, if you buy an investment property, ensure you don’t narrow your possible future buyers, by purchasing an obscure property like a converted lighthouse. The reason 2 bed flats are such popular investments, is because they’re easy to sell, thus achieving the best possible price.

Gold investment and property are comparable in this way. It’s crucial to buy gold or silver which is world renowned and desirable. At Physical Gold, we only sell very liquid, investment related gold and silver products, providing the backbone of our buyback guarantee. We don’t offer obscure collector’s pieces, as we believe liquidity plays a key role in maximising returns.

What selling options do I have?

If you purchased well-known, liquid coins, then you have various selling options. Certainly, if they’re pre-owned coins they may possess an additional value over and above their gold content reflecting their additional history, relative rarity and desirability. If you’re able to sell these coins off piece meal, to private individuals, you’ll obtain the best possible price, as you may be able to find investors and collectors willing to pay higher premiums for certain coins.

At the opposite end of the spectrum, there’s the convenience of a local jeweller. The compromise is that the jeweller is likely to melt the metal down for jewellery and pay you way below market rate.

Selling back to a leading dealer like Physical Gold, is a perfect choice for convenience and value. You’re able to sell all your metals immediately and have cash in your bank within a day or so. We re-sell your gold and silver as pre-owned stock, so our prices reflect that.

If you wish to discuss selling your gold or silver, call us on 020 7060 9992 of email info@physicalgold.com.

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What are the most common questions about Gold Investment UK?

While some people are seasoned gold investors, gold investment in the UK can be a whole new world for many. In the past decade, gold investment has evolved to become far more mainstream, but most investors remain novices. As such, we regularly help our customers answer questions they have about the market, buying process and how to sell.

One thing’s for sure, you shouldn’t be embarrassed or shy to ask these questions. You need to feel comfortable and understand any asset if you’re considering investing your hard-earned cash. As leading gold investment UK specialists we’ve heard all possible questions many times.


Got questions about gold investment? Download our FREE 7 step cheat sheet here


But what are the most common questions we receive?

Type of gold

Clearly, there’s a choice when you come to buy your gold. Questions range from whether you should buy bars or gold coins, 22 or 24-carat gold, or whether various year coins are worth investing in over others. It’s certainly worth doing your research independently as well as seeking advice from experts. Together you should be able to make the right choice. Gold should always be seen as a medium to long-term investment, so there’s no rush to buy. Make sure you’re happy with the type of bar or coin you wish to buy before taking the plunge. While we at Physical Gold focus on selecting the best type of gold for investment purposes, other gold merchants are simply shops and might try to persuade you to buy a type of gold which they have in stock and can’t shift.

The simple answer to these questions is that the best type of gold will vary from individual to individual, which is why our consultation process starts from the beginning and looks at your specific motivations and needs.  Insider's Guide to gold and silver

Is timing important with gold investment UK?

The golden question (if you’ll pardon the pun!), is what the prospects are for gold in 2022, and whether now is a good time to buy. Be wary of any gold dealer who guarantees returns. No-one has a crystal ball. As mentioned previously, the exact level at which you enter the market isn’t crucial, as gold generally gains in value above the rate of inflation in the long term. However, a good dealer will certainly help you buy in a trough to pick up that extra bit of value and also help you select gold which offers value at that time of purchase. For example, it may be a bad time to buy Maple Leaf coins as there may be a shortage leading to inflated premiums, whereas other coins may provide a buying opportunity as they’re currently trading cheaper.

One shrewd method of eradicating the timing issue is to drip-feed money into gold or split your investment into 2 or 3 tranches. Therefore you iron out some of the volatility and secure various prices, hedging your bets.

Are there tax-efficient ways of buying gold?

If an investment is the main purpose for buying gold, then it’s not only your buy and sell price which contributes to overall returns. Tax plays a crucial role also. Everyone wants to know the best ways to invest in gold. Seeking guidance from a reputable gold dealer will help select tax-efficient gold as gold investment in the UK has several tax advantages. Anyone who’s watched James Bond films may dream of owning huge gold bars. But selling them may incur 28% Capital Gains Tax. Others may not realise that 18-carat gold attracts VAT, whereas 22-carat and 24-carat coins and bars are exempt. UK Tax-free gold coins are usually a safe bet for cash investors, and Pension Gold is a great method of adding bullion to your retirement plan while avoiding VAT, CGT and receiving tax relief on your purchase.

How do I store gold?

Questions range simply from where to store gold, to the exact requirements and costs of each specific option. Certainly, if you’re seeking security and protection from your physical gold, then allocated and segregated storage is the only sure way to be safe. Ensure you receive the correct paperwork to prove your ownership. We’ve heard of horror stories of where gold bought and supposedly stored, wasn’t available when clients wished to taken delivery of that gold. Other rumours suggest that unallocated gold accounts will crumble if too many investors wish to sell at the same time.

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How do I buy Gold?

Start off be contemplating what you’re trying to achieve from your investment. Is your primary motivation to maximise returns, or is it to buy small pieces of gold to pass onto grand children one day.

Your investment time-frame and appetite for risk may also help determine whether to go for older numismatic coins or simple bullion coins or bars.

We provide guidance as to which choices will best suit your needs. And for those who feel they want a mixed and balanced tax free portfolio, we offer a service to create a portfolio for you.

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Out with the new, in with the gold

Holding gold in your portfolio might be one way to invest and protect your purchasing power, but there is now an alternative asset that has soared in popularity within recent years: cryptocurrency. 

Daniel Fisher, Managing Director, Physical Gold, believes we may now be living in a world where investment in both gold and cryptocurrencies can form a stable and speculative portfolio for investors.

Crypto & Gold’s relationship

Quite often I am asked the question: ‘Should I invest in an emerging asset like Bitcoin or a traditional safe haven like gold?’ As the UK’s leading provider of gold and silver coins and bars, it should be in my best interests to say ‘gold, of course!’ but, driven by changing markets and unsettled Covid-19 economies, I’m becoming increasingly aware of the pull for investors in cryptocurrency – which in turn, is being invested into the precious metal market.

For hundreds of years, gold has dominated the safe-haven asset arena. Some investors like to think of gold as insurance for their money. If there is a concern about a nation’s currency, or if there’s an economic collapse, people usually turn to gold because it benefits in times of crisis. During recessions and times of global turbulence, gold can commonly return more than 30% in a year.

But for those seeking the possibility of mega gains, crypto is tempting many new investors.

While Bitcoin was launched just over a decade ago, cryptocurrencies are beginning to achieve widespread recognition. Historically, those who did not want to ride stock market swings to their full extent invested in gold. However, the exponential growth and increasing popularity of cryptocurrencies over the past year has sparked the interest of many investors.  

Crypto & Gold
Bitcoin is becoming a mainstream asset

Why gold

John Carter, founder of Simpler Trading, says “gold has over 5,000 years of history on its side and isn’t going anywhere, which means it is super safe.” He’s right; gold is valuable as a material for consumer goods and it is scarce. Regardless of demand, gold supply remains low. It cannot be manufactured like a company issues new shares, or a federal bank prints money. Measured against highly volatile cryptocurrencies, gold certainly offers more stability. 

Cryptocurrencies fluctuate violently – the rarity and lack of a central authority contribute to this as well as popular culture. Both political and social trends influence cryptocurrency to a higher degree than gold, making precious metals a far safer option. And, while gold prices have experienced volatility similar to stocks in the short term, over time, the precious metal’s value remains stable. 

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The reports of gold’s demise have been greatly exaggerated. Cryptocurrencies are certainly a legitimate asset and have the potential to be a true “store of value” – joining a select group of assets, commodities and currencies that can be saved, retrieved and exchanged without deteriorating in value. However, gold has at least a 5,000 year head start as a widely-accepted, global medium of exchange and value, and the gold market enjoys great depth and liquidity. The total amount of physical gold held by investors and central banks is an estimated $3.7 trillion. 

Crypto & Gold
Gold has an unparalleled track record

A match made in heaven

Although some cryptocurrencies have experienced meteoric rises fueled by speculators, having exposure to both gold and cryptos makes sense as our idea of money moves into the 21st century. 

Undeniably, there has been clear evidence of a shift in the market. As this new crypto-sector evolves, Physical Gold has seen incredible growth in the “pair trade” between gold and cryptos – investors who swap their digital coins for physical gold and silver, and sometimes back again. 

We know that diversifying a portfolio can help mitigate risk and potential loss. Today, most investors embed this tactic into their investment strategy, with many arguing that cryptocurrencies and gold are actually the perfect match for your portfolio. 

Although Bitcoin doesn’t have age on its side, its soaring popularity reflects genuine investor interest. The crypto revolution has led to an explosion in both the number and value of other digital currencies. Cryptocurrency promises potentially high returns and diversification, but at the cost of security and investors still view precious metals as the stable value store during turbulent times.

If you’re looking for a safe-haven asset that is negatively correlated to other assets, gold has an important role in the stability of your portfolio as a “buy and hold” investment. It also acts as a diversifier, inflation hedge and capital preserver. All of these benefits can result in positive returns over time.

The case for Bitcoin is speculative given that it doesn’t have much utility yet. It is, perhaps, a gambler’s playing field – which for many investors is an intriguing and exciting prospect, but, by also investing in gold they can sleep easy knowing they have their gold in their pockets, while also taking a venture in the cryptocurrencies market. While many crypto projects will fall to zero, physical gold bars and coins will always have an intrinsic value.

Both cryptocurrencies and precious metals can be islands of security in an ocean of financial turbulence. Both will play vital roles as repositories of value, especially in a world plagued by economic and political uncertainty. Whatever you do, it’s important to watch your risk level when buying gold with cryptos. 

The best way to minimise that risk is to use a trusted dealer. Physical Gold offers a convenient and efficient way to buy silver and gold, online with confidence that your purchase is protected by a 3D secure authentication payment system.

Insider's Guide to gold and silver

In the coming years, we can expect cryptocurrencies to remain subject to more booms and busts, but gold will always be on hand to offer a way of protecting your wealth in a post-Covid-19 world.  

Whether you believe cryptocurrencies are best suited as a store of value or medium of exchange is somewhat irrelevant. Likewise, if you feel gold is a safe haven uncorrelated with global currencies, or a more trusted alternative to bitcoin, for example, makes little difference. Provided you see value in both, there’s undeniably benefits to acquiring both.

Personally, it makes sense to buy both. An investor’s appetite for risk will determine how their money is split between the two asset classes. Diversification is key no matter which route you take. Adding cryptocurrencies to physical bullion can offer security and speculation to your portfolio. So maybe, as we move into our new-normal, now is the time to stock up on both and join the many investors who are privy to this dual investment. 

If you’re looking to make the switch from crypto to precious metals, Physical Gold has a variety of gold bullion bars and coins that you can invest in, ensuring your portfolio is safe and stable amidst an ever-changing and volatile market.

Image Sources: Antana and Digital Money World

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Is it the right time to buy gold?

Is it a good time to buy gold as an investment?

The phrase we hear more often than any is; “Is now a good time to buy gold?”. I’ll address that in this update.

One good phrase for timing the gold market is; “Its not the timing of the market, but time in the market”. Trying to buy at the bottom and sell at the top may sound like a wise strategy, but in reality it’s impossible and can lead to reducing your returns and security. The fact is that holding gold over the long term has proven over the years to provide a secure storage of wealth and outperform inflation.

But I don’t want to just beat inflation, I want big returns…..

It’s human nature to want to beat inflation by a large margin and gain more substantial returns. So timing in and out of the market plays a role in achieving this.

Good time to buy gold
Add gold to your portfolio

While it’s impossible to predict the future, despite many so-called market experts making gold price predictions, timing is about stacking the odds in your favour. This means you look at market fundamentals and choose to invest in assets which look most likely to perform well.

While allocating your money into different asset classes is always recommended, it’s fair to say that now seems like a good time to buy gold.

Because gold has such a long history, we’re able to see how gold has performed before to help predict how it might perform over the next few years.

The gold price has almost always risen in times of severe economic downturns.

Are we heading into an economic downturn?

Even before the pandemic, markets were overheated and global debt at record highs. Since Covid took hold, Governments around the world have opted to print more fiat money to support their suffering communities in the form of furlough support. Now, nearly 2 years on from the start, there seems to be a lethal cocktail mixing which could lead to the mother of all recessions.

Physical Gold Counterparty Risk
With financial markets, there is always an element of counterparty risk

The following ingredients are now in play;

  • Inflation is rising quickly around the world. This is expected when Quantitative Easing programs around the world have been operating at full tilt. Increase the supply of a currency, and it’s value will fall. But we’re also witnessing inflation from broken supply chains. Petrol, building materials, electronic components for cars, food, carbon dioxide, the list goes on. They are all contributing to prices rising at alarming rates. Consequence; Money in the bank is losing value every day. The cost of living is rising. Interest rates will rise soon, increasing mortgage payments for many.
  • Tax hikes are being put in place to try to reduce (or more realistically stem) the spiralling debt. This can be in the form of increasing National Insurance, reduced tax free thresholds for taxes like Capital Gains, and reduced welfare. Consequence: Less disposable income for the average person means economic growth will be strangled
  • Continued restrictions are dampening trade. Travel limitations and business restrictions are preventing businesses getting back to anywhere near full capacity. High streets are quiet and shops are closing. Furloughing has ended so the safety net is now gone. Consequences: We’re likely to see a spike in companies going under and individuals losing their jobs
  • Equity and property markets will likely fall in response to negative growth, poor company performance and less ability to afford to move home.
  • Continued uncertainty will dampen consumer and corporate confidence. With further spikes in Covid cases, potential further lockdowns and possible ‘long-Covid’ consequences, companies will limit investment and consumers spend less.

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How is gold supply and demand at the moment?

During the height of the pandemic, we saw enquiries increase around 700% year on year. That initial rush has calmed, but demand from new investors now seeking the security and protection gold offers as a safe haven, continues to grow. Overall demand remains above pre-pandemic levels and we expect this to rise as recession kicks in.

Institutional money will also increase gold holdings as many competing asset classes suffer. They will look to move allocations out of stocks, bonds and cash, and into gold.

And gold supply….?

Supply of new coins and bars is managing to keep pace with demand. However, due to very few gold holders wishing to sell, we still see huge shortages in the secondary market. It has now been 2 years since we saw decent amounts of sellers in the markets. With the looming economic difficulties ahead, I can’t envisage this changing anytime soon. Premiums on many gold coins are increasing.

Good time to buy gold?
Shortage of pre-owned gold coins

Where is the gold price?

As of the time of writing (November 2021), the gold price is moving upwards. It remains more than 10% below it’s all time high in 2020, but has gained around 8% in the past month, as momentum builds.

This was expected as we moved out of the furlough support and inflation began to take hold. While we can’t predict with certainty where the gold price will move in the short term, it seems that now represents good value.

With all these elements working together and interest rates likely to rise for the first time in a decade, it seems like now is a good time to be buying gold.

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Tax free gold bought by disgruntled bank savers

*Updated Nov 2021

More than a decade on from observing a gradual move towards gold as a savings vehicle, we’re seeing the theme become more mainstream.

Interest rates have remained at record lows, meaning bank savings for UK savers yields near to zero.

With supply chains deeply impacted by Covid and Brexit, supply-push inflation is increasing rapidly. Combined with the catalyst of global Quantitative Easing, inflation is mounting a charge upwards.

In reality, this means that leaving money in the bank in 2021 and 2022, returns far less in interest than the current inflation rate.

Add in the very real fear of a global banking crash, and many more people are looking to diversify their savings into precious metals, in order to protect the buying power of their money. We expect to see this theme continue as the world suffers the economic consequences of the pandemic.

Bank savers switching to gold

London, October 14 – Physical Gold Limited, a gold bullion dealer based in the City of London, today reported a massive rise in the number of investors switching out of bank deposits and into solid gold.

With UK interest rates at an all time low, returns on deposit accounts and cash savings are significantly below the rates achieved in the past. In fact many bank savers report interest rates below 1%, even before savings tax is applied.

Traditionally a safe haven to park cash during economic or political turmoil, deposit accounts are now deemed to offer less preservation and protection to savers’ money. The credit crunch has seen banks widening the gap between where they are willing to lend money and pay bank savers. For the latter group, this has meant record low returns.

These poor returns are further threatened by the looming possibility of high inflation. With the framework of record low interest rates, relentless public spending, and the unprecedented move by the Bank of England to print £175bn of new money with Quantitative Easing, the eventual emergence from recession could see the onset of inflation. This would further erode the value of savings, whereby people could see their money able to buy less and less as time goes on.


Download our Ultimate Insider’s Guide to gold investment here


In an interview today, Dan Fisher, CEO of Physical Gold Limited said:

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“There is a growing concern about a currency crash, both in Dollars and Sterling.  Gold has protected against the scourge of inflation throughout history and has proved to be the ultimate safe haven asset.”

A new, but very real risk associated with bank savings is that of Counterparty Risk.  With many of the High Street banks everyone has grown up with now being bailed out by the UK Government, and examples of overstretching such as Northern Rock, it now means savers have to worry if their money is safe at all. With only £50,000 protected in the UK, any money above this is exposed to the underlying bank’s Counterparty Risk.

Switching money into physical gold coins and bars eradicates any such exposure altogether. The precious metal is independent of any corporate or Government policy, and by its very nature as a physical asset, its value cannot fall to zero. In fact the underlying $ gold price has soared over 200% in the past 5 years alone.

Unlike with bank savings, investment into certain gold coins is totally free from tax, so any gains made on the investment can be kept rather than shared with The Treasury.

Physical Gold Limited has seen many everyday people switching some of their savings into gold and reaping the benefits of the comfort and returns it can provide.  Many savers are even contributing regularly as a savings scheme, to gradually build up a golden nest egg.

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Physical Gold – 6 reasons it beats gold funds and ETFs

Gold funds or physical gold?

1. Security and Integrity

While ETFs have provided an accessible way for investors to gain exposure to the gold market there are many fears circulating about their security and integrity. For starters, the fact it is a structured paper asset that not everyone fully understands tends to defeat the object of owning a simple tangible asset like gold. So many investors have been stung over the past 5 years investing into asset-backed securities that were rated AAA by the credit rating agencies, only to see them downgraded to junk status overnight when everyone realised that the subprime mortgages they were linked to would not payout. It transpired that many very sophisticated investors never really knew which assets the bond was linked to or understood their lack of protection against such defaults. So are you more comfortable understanding the risks of holding gold coins or gold funds or ETFs?

Press reports are speculating that only 10% of the traded ETF value is backed by actual gold. With a distinct lack of auditing, its difficult to know for sure what the exact figure is.

Jefferey Christian of the CPM Group confirmed that gold is leveraged around 100:1 at a Commodities Futures Trade Commission (CFTC) Hearing on March 26, 2010. This means that there are around 100 claims for each ounce of gold in existence and so not enough gold to be delivered to everyone who has been promised paper gold.

So the question remains would you be able to access the value of your ETF if half or more of the investors decided to withdraw at the same time?


Want your gold questions answered? Download our FREE Ultimate Guide to gold investment here


2. Counterparty Risk

The term counterparty risk has become far more used and relevant over the past few

PHYS01_Animated_Gif_2_MPUyears. This term didn’t seem relevant to bank deposits a decade ago it went without saying that leaving savings in a high street bank was safe. But things have changed dramatically. Now we’ve seen our major high street banks on the brink of collapse. Who would have believed me 15 years ago if I’d have predicted that RBS, Nat West and Lloyds would be mostly Government owned?

The 2008 credit crunch saw bankruptcies to seriously major corporations from General Motors to Lehman Brothers. I saw many friends who had built up shares in Lehmans over many years of work and anticipated those stocks providing their retirement. No-one could have predicted that they would lose value so quickly and Lehman would go under.

We then saw the next phase of counterparty risk with Sovereign debt. Investors who thought they were taking on very little risk by investing in Government bonds faced the very real prospect of not being paid out in full. Countries such as Ireland, Greece, Portugal and Spain need help from the EU and IMF to repay their debts. There is every chance that bondholders will not receive all the capital back.

And now, in the new Covid world, Government debt is at record highs and corporations are struggling to adapt and survive under the new world parameters.

With physical gold, there is NO counterparty risk. It doesn’t matter if a Government fails to repay bonds, a corporation goes bankrupt or even if the gold dealer you bought the gold from ceases trading. You will always have the physical asset to do with as you like.

By investing in gold mining stock, ETF or Gold funds each poses some sort of counterparty exposure and a threat to the value of your asset. Remember paper gold is a promise to pay, not the real thing!

3. Risk Profile

If you’re considering a choice between mining stocks and physical gold, its crucial to realise that these are different asset classes with entirely different risk profiles. Firstly, investing in mining stocks means your investment is linked to the performance of one company. As a paper asset, if that company underperforms, or even worse goes bankrupt, there is a chance that your investment becomes worthless. The value of gold coins and bars can never fall to zero or anywhere near because of the intrinsic gold content. During times of global economic turmoil mining stocks and bullion perform quite differently. Terror threats, currency depreciations, huge unemployment, record deficits and banking crises don’t provide conducive conditions for equity markets, which is why we’ve seen more and more people fleeing to the safety of gold bars and coins. Generally, while mining stocks have the potential for impressive returns they tend not to outperform physical gold during times of crisis such as the recent credit crunch. During sharp market declines such as the 1987 stock market crash, mining stocks become correlated to the broad equity markets rather than the price of bullion.

4. Comprehensive Insurance

If the reason you want to invest in gold is for portfolio insurance then make sure you have a Comprehensive policy! Everyone knows that gold provides security against economic and political unrest, making it the perfect safe haven asset in the current world in which we live. In that case, you want this wealth protection to be thorough. By investing in paper gold its like buying an insurance policy with get-out clauses. In other words, it doesn’t provide full coverage. There are still risks attached such as counterparty risk. By investing into physical gold, its like having the most comprehensive insurance available, putting your mind at rest that no matter what the next financial headline is, your physical gold holding will provide the necessary balance.

Insider's Guide to gold and silver

5. Tax Efficiency

In the UK, there is the opportunity to own physical gold coins which are completely tax-free. All investment grade gold is VAT exempt. You pay no income tax while holding the gold and UK coins such as the Britannia and Sovereign are Capital Gains Tax-free due to their status as legal tender. Compare this to paper gold such as a mining stock or gold funds where you’ll have to pay income tax on any dividends and capital gains tax if you sell the shares at a profit. With CGT now up to 28% for higher rate taxpayers, that’s nearly a third of your profits!

6. Accessibility

Accessibility in times of crisis is crucial. After all, gold should act as your crisis hedge. Over the past month, we’ve read about the attempted ink-cartridge bombers and MI5 revealing renewed threats to the UK, France and Germany. The Eiffel Tower has been evacuated twice in recent months. If one of these attempts gets through and the financial system collapses for a week or so how easy is it to access funds through your gold ETF, mining shares or Gold funds? By holding the physical metal itself, especially in the form of globally recognised coins, you hold the ultimate liquidity.

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Is a Krugerrand coin a good investment?

Economic instability

With central banks around the world still printing QE money going into 2022 to support their Covid-affected economies, the value of fiat currency is diminishing. Signs of inflation, possible interest rate increases and tax hikes, suggest to many experts that a global recession, the size of which we’ve never known, is upon us.

It’s no surprise then, that investors are increasingly turning to gold to provide some diversification and protection from the coming economic storm. But if most people are asked which gold coins to buy, they will be stumped.

The Krugerrand coin is one of those coins which most people, even my grandmother, have heard of and this is for good reason. For many, it represents one of the best choices of gold in which to invest your hard-earned money.

A South African coin first minted in 1967, the intention was to lure global investment into

Insider's Guide to gold and silverbuying gold coins from South Africa’s rich gold reserves. Up until recently the Republic was the number one producer of gold and has only just been overtaken by the Chinese powerhouse.

To appeal to the investment market it was the first coin to contain exactly 1oz of pure gold, ensuring a straightforward marketing proposition compared to the likes of a Sovereign which contains 0.2354oz. Interestingly this fixed gold weight rather than a fixed face value (like most other bullion coins) meant that the Krugerrand coin represented a convenient store of wealth regardless of inflationary levels.

Krugerrand coin most common globally

Despite no face value, the coin is legal tender in its home country and is therefore minted in a durable alloy mix. Its overall gold content is 22carat or 91.67% pure as the gold is alloyed with copper to provide resilience and maintain its integrity. This is one of its major selling points now.  With approximately 50 million in circulation, it represents one of the most active secondary markets in gold coins and a vast majority of the Krugerrands we see of 30 or 40 years old are still in fantastic condition.

Indeed due to the huge number in circulation and its global recognition, the depth of the Krugerrand’s liquidity is only matched by that of the British Sovereign, a coin that has built up its liquidity over many more years. There are more Krugerrands in circulation than all the other gold bullion coins combined.  As an investment into a physical asset, this is very important. Just like when buying and selling a house, it is not only the price you manage to purchase the property at but also the sale price which will determine your profit. If you buy a house for a great price but it’s on the main road and appeals to a very niche market, then it is more difficult to sell and the eventual sale price will inevitably be affected. The same goes for gold. Buy a Krugerrand and you’ll be able to sell the coin easily at any time, maximising your chances of securing a good price.


Download the 10 secrets to selling your gold coins at the highest price. FREE pdf here


Incredibly by 1980, the Krugerrand coin accounted for 90% of the gold coin market. It’s a telling recognition of its success that it has spawned so many other copycats worldwide including the Canadian Mapleleaf in 1979, the Australian Nugget in 1981, the American Eagle in 1986 and the UK Britannia in 1987.

So the Krugerrand is a very liquid coin, easy to buy and sell and it maintains its condition well. But how does it’s price compare to other 1oz bullion coins? From what we see at Physical Gold Ltd, the Krugerrand offers amongst the best value of ANY 1oz gold coin. Due to its resilience to scratches, I’d recommend buying second-hand coins rather than the most recently minted. Like a new car’s premium, it’s almost always better value to buy a ‘nearly new’ version. Brand new Krugerrands can be 3-5% more expensive. I’d also try to steer clear of the smaller half, quarter and 1/10th ounce versions as premiums rise with each smaller coin. I’d also avoid Proof versions of the coin. Although pretty, I’m not convinced you’ll receive the same premium that you paid for the coin when you come to sell. Your best bet is to stick with the better value bullion version.

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The only potential drawback I see for UK investors as that of Capital Gains Tax. Like a majority of other assets, any profits on Krugerrands have to be declared and are liable for tax of up to 28% if you breach the modest thresholds. Now, this may not be an issue if you only buy a handful of Krugerrands, have no other assets to breach your tax-free threshold or, the sin of all sins, decide not to declare the sale to HMRC.

However, for those playing by the book who invest £10k or more into gold coins, the last thing you’ll want to do is give almost a third of your profits back in tax. For this reason, we always prefer mixing Krugerrands with a portfolio of coins such as the UK tax free coins – The Sovereign and Britannia.   This way a shrewd investor can dispose of these assets strategically so they never pay any tax at all!

Contact Physical Gold

Is a Krugerrand a wise investment? You bet! Why not contact Physical Gold Limited to discuss Krugerrand gold coins and silver coins investment. Call us on 020 706 0 9992 to also discuss buying gold bars and silver bars too. Visit our contact page for general contact information.

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How do I know the gold and silver are real?

If you’re new to investing in gold and silver, then a typical concern is ensuring the gold or silver you buy is authentic and of a high grade. The motivation for most gold investors is to reduce their overall risk, so the last thing they want is to risk buying bogus coins or bars. Certainly, for the novice, the safest bet is to buy from a reputable dealer.

Research is crucial to ensure the credibility and integrity of the dealer (and as such, the metals they provide). At Physical Gold we operate a very tight process to ensure sub-standard or counterfeit metals don’t enter our system.

Gold and silver sourcing and numismatic checks

We source our metals direct from manufacturers or mints, or from authorised dealers, ensuring their provenance is known.  Gold or silver purchased from the public is tested and verified by our numismatic team and rejected if it doesn’t meet our strict standards.

Insider's Guide to gold and silverAccreditations / track record

We are proud members of the British Numismatic Association (BNTA), which means we adhere to a strict code of ethics and guidelines on all our metals. Membership requires prior vetting and approval by existing members, to verify a dealer’s integrity. Regular stolen and fake goods alerts are circulated within the BNTA so that we’re aware of any forgeries on the market.    Look out for the BNTA logo to ensure your dealer is accredited and has signed up to such code of ethics. We’re also members of the British Numismatic Society, an organisation made up of coin professionals, established as far back as 1903.

Certificate of authenticity

We can provide a Certificate of Authenticity upon request with a purchase you make through us, guaranteeing its authenticity and that your purchase has been checked and meets our standards.


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Buyback guarantee

We are proud to offer all our customers a guarantee to buy back all gold or silver bought from us, regardless of time lapsed.  This demonstrates the confidence we have in our own checks and processes.

So if you’re considering purchasing silver or gold, but are unsure how to judge its authenticity, then worry no more. That’s our job as the experts, to provide you with protection and assurance.

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Physical Gold versus Gold ETF

Accessing Gold & Silver

It’s not what you do, it’s the way that you do it!  It’s possible to gain exposure to gold and silver in many ways, but the outcome may be completely different from one to another. The most common ways to get involved with gold investment are;

By purchasing physical bullion, buying shares in an exchange traded fund (Gold ETF), a traditional fund or mining company, or riskier option such as spread betting, futures or contracts for difference (CFD).

Insider's Guide to gold and silver
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Gold ETF, fund or Physical Gold. Which option is best for me?

Each option of exposure to precious metals has its merits. The right choice will depend on your individual objectives. For example, if you have a high appetite for risk, then you may fancy your luck investing in a mining company. Alternatively, if you’re looking to actively trade the market, then electronic options such as ETFs will be the most efficient way to achieve the short-term speculation.

Risk

However, the most powerful benefit offered by gold and silver, is balance and protection. As well as professional traders, regular, everyday people buy gold and silver to REDUCE their overall risk.

Electronic and paper options provide investors with exposure to the market, but they also present additional risks. This undermines the value of gold & silver as a crisis hedge, or as portfolio insurance in the first place. Investment experience should also play a role in deciding which type of gold investment to opt for. Certainly derivatives should be left well alone by most people as they’re far more suitable for experienced investors. If the market moves against you, the amount you lose isn’t just limited to your original investment due to leverage.


Thinking of gold investment? Download the  crucial 7 steps cheat sheet first


Similarly, if you’re tempted to invest into a gold mining company, far more research is required. Not only do you need to understand the gold market itself, but also you’ll need to examine into the underlying mining company, it’s structure and the ability of its management. Selecting a gold fund reduces the risk of depending on one company’s performance. However, you’re still investing into mining companies rather than gold itself. At the end of the day, you only actually own a piece of paper. Your exposure is not only to the underlying companies within the fund, but also to the manager’s of the fund itself.

A Gold ETF can be a better way of gaining exposure to gold itself, but it too represents certain risks. The fund may be leveraged, so that the amount invested into the ETF isn’t necessarily backed up by the equivalent amount in gold bullion. This means that if sufficient holders of the gold ETF wished to sell their holding simultaneously, there possibly won’t be enough physical gold to satisfy all those sales.

Costs and tax efficiency

Undoubtedly, if your buying cost is your main focus, then ETFs and funds are the cheapest ways to buy gold or gold related companies. The cost of manufacturing gold coins and bars is more expensive than simply buying something electronically. However there are other costs to consider. Funds generally have ongoing management fees to pay. Physical Gold needs to be stored which costs money, although an increasing number of investors are taking personal possession of their coins and bars to storage cheaply at home.

A major factor commonly overlooked is tax efficiency. Investment grade gold is VAT-exempt and certain coins are Capital Gains Tax (CGT) free making ownership fully tax efficient. For the few percent extra you pay when buying, you may well be saving up to 28% later when you sell at a profit.

CGT more important 2022 and beyond

In 2022 and beyond, CGT is a prime target for the UK Government to raise taxes in an attempt to reduce some of their furlough-induced debt. The two areas that have been discussed for amendment are;

  1. The current CGT tax free allowance of £12,300 could be reduced. Calculations predict that reducing this threshold to £5k, would double the Treasury’s income from CGT. Abolishing the allowance entirely would triple tax receipts
  2. Increasing the rate that CGT is charged at to match an investors income tax level (up to 40-45% for some!)

Clearly, once you’ve invested in gold, any changes to CGT are out of your control. Therefore, physical gold and silver coins are by far the safest way of providing long-term stability and remain tax efficient.

It’s also the most suitable way of passing wealth down the generations. Trust me, kids prefer to receive something tangible with real value than a piece of paper promising worth. They present the most secure method of protecting your family’s wealth in a tax efficient way.

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Silver is the new Gold, or is it?

Silver or gold?

One of the keys to great investment is timing and staying ahead of the pack. I receive many enquiries from keen investors asking about the prospects for silver.  Everyone has seen how well gold has performed over the years and many commentators feel that silver has huge upside potential.

I always describe gold as ‘reducing the risk in your life’, while silver is about ‘taking risk’. Obviously with higher risk, comes higher potential reward. Nearly half our customers buy silver, compared to a minority of around 10% a decade ago. These customers feel silver has vast profit potential, so are willing to take the additional risk.

As a purely speculative punt, buying silver may be worth a bet but only as part of a well balanced portfolio. You’d certainly need nerves of steel to put significant funds into silver.  However, dig a little deeper and silver may not live up to being the new gold investment at all.

Here are 7 reasons why buying physical gold is still the best precious metals investment;

  1. There is much less research and analysis available on the silver market as it’s  less developed as an investment market. The more research available, the better chance you have of assessing an asset’s prospect
  2. If you buy gold there is no VAT to pay on the purchase. However, silver is not VAT exempt so you’re 20% down before you’ve even started
  3. The gold market has evolved into a highly competitive and efficient arena. So the bid/offer spread (or difference where a dealer will buy and sell a piece of gold) is relatively tight (perhaps 5-10%). However, with less competition silver spreads can be 3 or 4 times those of gold, so silver needs to rise significantly in price before you break even
  4. Silver is less ’precious’ than gold as there’s more of it in existence! The lack of supply and difficulty in extracting gold provides a huge support to its price. If you have an asset who’s supply could increase significantly, the price of that asset is always exposed to a sharp fall
  5. Due to silver’s lower price per kilo you will literally get more product for your money than with gold. This means that a £50k gold investment can be shipped cheaply and discreetly whereas the equivalent in silver would be heavy and expensive to deliver
  6. Storing silver is also more problematic to gold due to its cheapness. £50k of gold can fit into a tiny safe at home. But £50k of silver needs 70-80 times more space (that’s alot of silver coins!)
  7. With the global economy at its most unstable in history, and the expectation of inflation and a huge post-Covid recession – the Safe Haven tag of gold provides one of the most compelling reasons to buy gold. Silver quite simply is not known as the ultimate safe haven so is less relevant as a portfolio insurance in today’s climate.

So if you want exposure to the silver market it may be better seeking a more efficient method such as mining shares or ETCs. If you still seek the comfort of owning the physical metal itself, then buy gold coins or bullion.

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7 reasons Sovereign coins are a great place to start when looking to buy gold

You can’t go wrong with Sovereign coins

While most UK investors have owned property, shares, bonds and ISAs at some point, gold investment is still pretty new. If you’re a novice, what’s the best place to start a physical gold portfolio? In our opinion Gold Sovereigns provide a perfect starting point for the new gold investor!

1. Great value – Sovereign coins have existed for hundreds of years so there’s a very deep second hand market. This means that older Sovereigns provide a lower price per ounce as than any other gold coin – perhaps along with Krugerrands. Buying any asset at a low price is a great starting point!

*Pro-tip: Buy the pre-owned ‘Best value’ Sovereigns. They’re cheaper than brand new ones, but will obtain the same price when you sell.

2. Further discounts with volume – Specialist dealers like Physical Gold will generally  be able to offer even lower prices if you buy 50 Sovereigns or more. In fact discounts can be achieved on a sliding scale once you look at more than a single coin. Our website has handy volume discount tables for each coin.

3. Easy to sell – Sovereign Gold Coins are arguably the most established bullion coin in the market so you’ll always be able to sell the coins at a great price. If you try to sell an obscure coin, the reduced number of buyers will be reflected in a lower price per ounce for that piece of gold

*Pro-tip: Give your dealer a week or two notice that you wish to sell, and you may achieve a slightly higher selling price if the dealer can match up your sale with a buyer.

4. Affordable – While 1oz gold coins are now trading around the £1,400 mark, Sovereign coins are around a quarter of the size and price. This provides a great opportunity to dip your toe in the market or even set up a regular gold savings scheme, whereby you receive a Sovereign coin every monthPHYS01_Animated_Gif_2_MPU

5. Tax free – Sovereigns are VAT exempt like all other forms of investment grade gold. However, they have the huge added benefit of also being Capital Gains Tax free due to their status as legal tender in the UK. For a novice seeking to buy gold, this provides peace of mind that you’ll never be hit with a tax bill

6. Flexible – Due to their small size, even a modest investment of say £2,000 will provide 6 Sovereign coins. This provides versatility that you can sell as little as one coin at any time of you need to realise some cash. Larger coins or bars do not offer this flexibility

7. Talking Point –   The sheer variety of issue dates and Sovereign heads available means that a novice investor can own a piece of history as well as a superb investment. For anyone who’s enjoyed watching The Crown on Netflix, modern Sovereign coins date back more than 200 years, reflecting the various monarchs and periods of reigning.

 

So if you want get started in the world of gold, buy Gold Sovereigns and you won’t go far wrong.

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How to Buy Gold Investments and Make Money

Gold investments are often seen as a lucrative investment option by investors. Gold has always been an excellent store of value and the yellow metal has posted healthy returns in short term as well as long-term investment horizons. Gold provides investors with incredible opportunities to beat inflation and hedge their risks in adverse market conditions. As one of the most popular precious metal options for investors, we need to understand how profits can be generated when investing in gold. In this article, we will explore the various options that investors can choose to book healthy profits on their gold investments.

How can you make money from your gold investments?

Two elements will help you buy gold and make money. The first is timing. Only buy gold for the medium to long term as markets can go down as well as up in the short term. Buying when the price is low provides more profit potential than when it’s risen for the past 6 months. Secondly, buy the right type of gold. Appointing a reputable gold broker will help you obtain the best prices and be guided to buy the right type of coins. Buying UK Sovereigns is great value and any money you make is tax-free.

How to Buy Gold Investments and Make Money
It is best to invest in leading brands like Metalor, for gold bars

Most investors will channelise their investments into gold bars and coins. Gold investments cannot provide you with a dividend payment like other asset classes. So, to make money it is important to set your investment goals and book profits by selling gold when your objective has been met. A reputed UK gold broker can help you to achieve these objectives by understanding your philosophy towards investment and contacting you when the right buying or selling opportunities are available.

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Always invest in easily available bullion coins

If you want to obtain the best possible buying price for your gold coins, you should invest in bullion coins. These coins have low premiums and do not carry higher prices due to easy availability. Buying bullion coins like the sovereign or the gold Britannia is an excellent step towards ensuring the liquidity of your gold portfolio. Obscure coins may carry a certain level of rarity value, but they are extremely difficult to sell. Also, by investing in obscure coins, you are reducing your buyer market. So, when you are investing in gold, the best solution is to go to a reputed gold dealer and discuss your investment objectives with the company. When investing in coins, this is likely to get you a wider choice of great bullion coins that are available in the market.

How to Buy Gold Investments and Make Money
Rare and obscure gold coins like this Gold Ducat are not good for investors

Liquidity, variety and value

The three most important things that you can focus on when building your gold portfolio are liquidity, variety and value. Liquidity implies that the gold investments that you make must have a strong secondary market. Well-known coins like the Gold Sovereign or the gold Britannia can generate instant sales, allowing you to make money. Likewise, if you are investing in gold bars, well-known brands like Metalor can also ensure a quick sale.


Download the Insider’s Guide to tax free gold investment here


You can make profits by investing in a variety of coins of different dimensions and denominations. In this way, you can take advantage of different price points in the market, at the time of sale, to maximise your profits.

Capital Gains Tax

Another important consideration for you, as an investor is to focus on Capital Gains Tax (CGT). Taxes can eat into your profits and it’s best to invest in popular UK gold coins that are considered to be legal tender. In this way, you can gain the double advantage of avoiding VAT and CGT.

Get in touch with Physical Gold to discuss your gold investments

Physical Gold is a highly reputed gold dealer in the UK and our investment advisors offer free advice to all customers. Call us today on (020) 7060 9992 or get in touch with us online to discuss the right way to invest in gold.

 

Image credits: Wikimedia Commons, Snappygoat.com

 

 

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How to Buy Gold for Investment?

Buying investment-grade gold can often mean conducting a lot of research and finding out the best options for your gold portfolio. If you purchase gold with an unplanned approach, wrong results are inevitable and the overall value of your portfolio may shrink. Many investors opt for gold coins, but it is important to know which gold coins to purchase. Buying obscure gold coins will hamper the liquidity of your portfolio, as obscure gold coins are harder to sell. There are certain fundamental elements that one needs to consider when planning a gold portfolio.

Buying gold from the high street

Several investors decide to buy their gold from high-street jewellers and shops. This is usually not a good idea, as it can be fraught with risk. It is difficult to ascertain the authenticity of the gold you buy from the high-street. Ensuring the percentage of pure gold in the bars and coins you purchase is an intricate process that requires certain measuring tools. In many cases, high-street vendors will not perform this task in front of you, and many do not provide a certificate of authenticity. There is also the risk of security when you buy your gold from a high-street shop and leave.

How to Buy Gold for Investment?
UK high street stores may not have a great inventory of gold products

Buying gold from an auction

E-commerce sites like eBay offer gold auctions as well. However, it is unsafe to purchase gold from an unknown seller on eBay. You have no way of knowing whether the products are genuine or not. Also, in general, it is not a good idea to purchase items of large value from auction sites or even pawnbrokers on the high street.

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Buying paper gold

There are several options to buy gold as an investment. If you’re seeking to actively trade the gold market, then spread betting is one option. Buying a Gold ETF provides online access and economic spreads to buy and sell regularly. If stock markets are attractive, then the Blackrock Gold fund is popular, or if you’re prepared for higher risk, investing in gold mining stocks is an option. For those motivated by safety and protection, buying physical gold coins and bars is the best investment choice. This is primarily because most paper gold instruments carry counterparty risks. However, these risks are mitigated when you hold the precious metal in its physical form.

How to Buy Gold for Investment?
Gold bullion coins are an excellent investment option

Identifying a reliable gold dealer

The best way to buy gold for investment is to identify a reputed and reliable gold dealer near you. Most online gold dealers can provide you with a greater choice of products like bars and coins when compared to their high-street counterparts. A good online dealer will also answer all your questions regarding the purchase and offer you free advice before you close the deal. Typically, they also provide a buyback scheme and the products come with a certificate of authenticity. Once you have bought your gold, most reputed online dealers will dispatch your purchases to you via an insured courier service. The package will arrive unmarked, so there is no way of outsiders knowing that the contents of the package are valuable.

It is relatively easy to identify an online gold dealer. Dealers who have been in business for years are listed and registered with the British Numismatic Trade Association (BNTA). Once you identify a reliable online dealer, it’s important to establish a good relationship with the company. Discussing your investment objectives with your dealer can go a long way in ensuring that you acquire the right gold bars and coins for your investment portfolio.

Talk to our investment advisors at Physical Gold

Physical Gold is one of the country’s most reputed and reliable gold dealers. . Our investment advisors can guide you on the best purchases to make when building a strong gold portfolio. Call us on (020) 7060 9992 or get in touch with us online to reach out to our investment team.

Image Credits: Wikimedia Commons and Public Domain Pictures

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Which is the Better Investment, Gold or Platinum?

Many investors who believe in precious metals would look for an alternative to gold at some point in time. Usually, this is silver. Silver is far cheaper than gold and offers precious metal investors an easy entry into the market. However, in recent years, the popularity of platinum has risen. Several jewellery brands manufacture platinum pendants and rings. Many people love the mirror-like finish of platinum and its colour. So, does it make sense to invest in Platinum?

Which is the Better Investment, Gold or Platinum?
A mix of platinum, gold and silver coins

What is Platinum?

Platinum is a white metal that can be found naturally on our planet. It is rarer than gold and its value and demand have appreciated over the years. Platinum has certain characteristics that are different from gold. The white metal is heavier and harder than gold. Since it is less malleable than gold, it can be used in a pure form when manufacturing bars, coins, or jewellery. Today, platinum jewellery is a lot more expensive than gold jewellery.

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Platinum is also virtually scratch-proof. Gold does not have this property. When gold objects are handled roughly, they get damaged and scratched. Due to their hardness, platinum objects are virtually scratch-resistant, but they may develop small bumps and ridges. This ridging of platinum is natural, and many people believe that it lends an antique look to platinum products.

Investing in Platinum

Traditionally platinum has traded at a higher price than gold, but this dynamic has reversed in recent years. You could argue that platinum represents great value in that respect. However, the platinum investment market is far less developed than gold. This means that there’s considerably less choice in products to buy and more importantly, spreads between buying and selling prices are less competitive and therefore wider than with gold investment.

Which is the Better Investment, Gold or Platinum?
Gold enjoys a more regulated and vibrant global market

The price of Platinum

The other advantage of investing in gold instead of platinum is usually the price point. Historically, platinum has been more expensive than gold. However, with the rush of investors to buy gold to protect their wealth, gold prices are currently trading at US$1,780 per ounce.

In comparison, the current price of platinum is around US$1,214 per ounce. So, in the current scenario, platinum is more than $500 cheaper than gold. Many investors are therefore investing in platinum to take advantage of these price points. Platinum price charts are showing that the white metal was trading below the $800 mark in April last year. Since then, it reached a peak price of US$1,296 per ounce in February this year. So, the price of platinum is also being driven by investor demand.


The Ultimate Insiders Guide to Tax Free Gold Investment. Download the FREE guide here


Advantages of gold over platinum

Gold enjoys greater liquidity than platinum and is a lot easier to buy and sell. The gold markets are vibrant and present in every part of the world. It is a more regulated market, allowing investors to buy and sell with greater transparency. Due to the popularity of platinum, the Royal Mint has issued a platinum Britannia coin. However, gold coins offer greater flexibility, divisibility, and liquidity. Classic gold coins like the gold Sovereign have been around for more than two centuries and carry great prestige and rarity value. This cannot be found in platinum investments.

Talk to Physical Gold about your precious metal investments

Physical Gold is one of the most reputed precious metal dealers in the UK. We can offer you the right advice on which precious metal is to invest in. Get in touch with us on (020) 7060 9992 or contact us online by visiting our website.

 

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Gold Investment for Dummies

Investing in gold isn’t just about buying a few gold bars or picking up some gold coins at an auction. A serious investor who wants to build a robust gold portfolio should have an investment plan. Lack of planning is likely to result in wrong investments and you will end up getting stuck with gold bars and coins that have no liquidity and add no value to your portfolio. A good investor will first study the subject and understand the fundamentals before investing a penny.

Understanding the types of gold to buy may not be enough. One needs to find out where to buy them from. Many gold investors who have built lucrative portfolios have years of experience trading in the precious metals market and have the right connections to source their gold. Let us take a quick look at the fundamentals of gold investing that every beginner should know.

Planning your objectives

It is always important to first understand why you want to buy gold. You need to decide the right investment horizon for you. If you want to make short-term investments, the choice of gold products may be different. Investors who want to build wealth and acquire gold at the cheapest price per gram would often choose to buy gold bars. Gold bars have lower production costs than coins and offer investors the opportunity to acquire gold at a cheaper price. The time horizon is important – gold investments can be volatile over the short-term but generate steady and healthy returns over the longer term.

Gold Investment for Dummies
Investing in gold coins can have great tax advantages

Gold investing follows the common rules of buying the investment at a low price and selling at a higher price. There is no interest received for holding gold, so profits are only made on capital appreciation. The gold price tends to rise when the economy takes a downturn and other investments fall in value. In that way, it offers protection to an investor who owns many assets. The gold price can move down as well as up, so it is advised to hold the gold over the medium to long term.

Gold Investment for Dummies
Never invest in obscure gold coins as they may have little or no liquidity

Identifying a reliable gold broker

Once you have your objectives in place, the next step is to identify a reputed and reliable gold broker. This is relatively easy to do. Most reputed brokers are registered with the British Numismatic Trade Association (BNTA). A quick visit to the association’s website can help you shortlist the best brokers near you. It is important to initially approach more than one broker and try to build a relationship.

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Once you do this, you will be able to share your objectives with your broker and he/she would know what kind of gold you are after. So, when it comes to the market, you can be the first to know. A good broker will always be willing to answer your questions and will also issue a certificate of authenticity for all the products. They would also have a buyback scheme. You should always check online reviews of the broker and find out how long the company has been in business.

Tax planning

It’s also important to do your tax planning at the time of planning your investments. All investment-grade gold is VAT free in the UK, however, if you want to capture the benefits of Capital Gains Tax exemption, you can invest in gold coins that have a face value and are legal tender in the UK.

Our experts at Physical Gold can guide you on your investments

If you are a beginner investor who wants to start building a gold portfolio, speak to one of our advisors. Physical Gold is one of the most reputed gold dealers in the UK. You can reach us on (020) 7060 9992 or send us an email to get in touch.

 

Image credits: QuoteInspector.com and Wikimedia Commons