Investing in Gold Bullion in the UK

Gold Bullion in the UKMost people consider investing in UK gold bullion or bullion coins as a good idea. Gold has stood the test of time in terms of value, especially in times of economic instability. Even when the price goes down for some reason, it always goes back up. 

If you are planning to invest in gold, Atkinsons Bullion thinks it helps to find out what your options are.

Shares or physical

You can invest in gold shares instead of actual gold. Gold is a commodity, much like orange juice or tea. You buy shares in companies that trade or mine gold. You can make money from commodities exchange the same way as buying stocks in companies, by buying when the price is low, and selling when it is high. Many people choose to get gold shares instead of physical gold because it is more convenient. You can also choose to buy physical gold.

Bullion or bullion coins

Physical gold comes in two forms: bullion ingots or bullion coins. Bullion ingots are bars of at least 99.5% gold and come in different sizes. The only purpose of gold bars is for investment because its only value is in the gold itself. If you want to invest a lot in gold, bars may be the way to go. Bullion coins, on the other hand, may have numismatic value on top of its gold content. Overall, most investors prefer gold coins because they are easier to sell.

Accounts or certificates

You can also buy physical gold without actually keeping it with you physically. You can do this by opening an account with a gold bullion bank. You can also buy gold certificates issued by banks in countries like Germany, Switzerland, and Australia. In both cases, the gold stays in the bank although you own it. You can sell it at any time without having to take it out. In the UK, you can avoid paying taxes on your gold if you do not take possession of it, although you may have to pay for storage and other fees.

There is no question that investing in gold is a great idea. However, you have to decide which method works best for you. The above options are the most common ones with investors.