FX.co ★ Five recommendations for gold investors

Buy at current price

Analysts recommend buying gold at the current price to save money from inflation and financial crisis. In this case, the high price of precious metal is of minor importance. During a crisis, investors will be sure that they have made a really profitable investment. The benefit is obvious.

Purchase physical gold

To save money during a financial crisis, it is necessary to have physical gold, including coins and ingots. Analysts suppose that the metal should not be considered only as an investment. They also believe that gold cannot bring a lot of profit. However, it is a safe-haven asset that is aimed to save money in a long-term perspective.

Choose gold coins

Experts recommend investing money in classic gold coins such as Krugerrand, Maple Leaf, Kangaroo, and the Austrian Philharmonic. These coins are known for their high liquidity. They can be sold at any moment almost in all countries of the world. Coins that contain 1 ounce of pure gold (31.1 grams), ½ ounce, and ¼ ounce are the most liquid. Economists advise investors to avoid buying both collectible gold coins and ingots. It is rather difficult to sell them.

Invest free funds

Analysts of the precious metal market recommend investing just free funds and money that traders will not need in the near future. Gold may account for about 20% of the capital in a trader’s investment portfolio. Investors should buy gold gradually. The fact is that gold prices are constantly changing on the volatile market. Experts advise traders to work only with reliable dealers who offer honest price as well as gold of high quality and professional support.

Do not expect good yield

The last advice from experts is not to expect that the precious metal will bring a lot of money. All experienced traders share this opinion. Investments in gold are for those market participants who are ready to wait for their profit for quite a long period of time. Economists emphasize the gold stability guarantees safety of invested funds in a long-term perspective.