Since thousands of years ago gold has been the most reliable currency or valuable metals human ever used, even until today. During past revolutions when paper money was dumped as the values drops into the toilet, gold’s value remained or even escalated. Even now when U.S. dollar depreciates, investors rush to protect their investment in terms of gold.
It’s not easy for individual investor to buy gold for investment as it’s not easy to safely buy and store it in a cost-effective way, unless you’re talking about buying gold-chains, bracelets or other ready-made products from shops. But if you’re talking about gold bars with 99.5% purity your choices are quite limited. BullionVault is one of the options you might want to consider if the glittering of gold bullion investment is what you’re looking for.
The company claimed that you can own and keep the gold you bought in any quantity in officially recognized bullion vaults in London (UK), New York (USA), or Zurich (Switzerland). Buyers and sellers’ trust is based on the Good Delivery form. Besides being able to buy just a small portion of a 400-ounce gold bar you can also trade online in increments as small as 1 gram. The commission charged ranges from as low as 0.02% to the maximum 0.8% when you’re buying gold.
So if you’re interested in investing real gold, then you might want to check out BullionVault which is the only gold market in the world that stays open 24 hours a day, at least that’s what it claimed. You can also check out the gold price chart here.
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December 12th, 2007 by financetwitter
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