Tag: Gold Investment

How and Where to Buy gold?

Mistakes You Want To Avoid When Buying Gold for Investment!

1-Avoid buying proof coins if you are buying gold as an investment. Proof coinage means special early samples of a coin issue, historically made for checking the dies and for archival purposes, but nowadays often struck in greater numbers especially for coin collectors (numismatists). Nearly all countries have issued proof coinage.

2-Avoid European Coins

They are not worth the high price, dealers promoting European coins  because they provide bigger profits and clients have no chance of making any future profit.

3-Avoid Investing in Exploration Mining Stocks

it’s so difficult to find a mine. Only one in about 500 deposits that they drill actually become a mine.

Gold Is Still a Good Long-Term Investment

Recent data from the World Gold Council showed that global demand in the first quarter was 1,034.5 tons. Gold supply during the same time frame was 1,032 tons. As you can see, supply is coming up short of demand.

Demand for gold is steady worldwide. Investors in Europe, especially in the UK and Germany, purchased eight times more gold exchange-traded funds (ETFs) than investors in the United States