Unlike shares or banking, there is no requirement to register ownership of gold. Physical gold is one of the only forms of private investment left today.
INHERITANCE & LEGACY
Purchasing physical gold is a private store of wealth that allows clients to effectively transfer wealth to loved ones (subject to the 7-year inheritance tax rule)
INSURANCE AGAINST INFLATION
In times of inflation, gold’s value tends to increase in line with other products and commodities.
DIVERSIFY YOUR PORTFOLIO
Gold tends to increase in value when other commonly held assets fall. For this reason, experts recommend investing in gold as part of a diverse portfolio.
CAPITAL GROWTH & RETURNS
Gold remains one of the best performing UK assets of the 21st century, growing over 10% per year on average since 2000, compared with 4.1% for the FSE 100 (Total Return) and 5.3% for property (UK house price index).
Certain types of physical gold are free from any tax on growth.
SITS OUTSIDE THE BANKING SYSTEM
Individuals who convert their savings or pension into physical gold are essentially removing their wealth from the banking system and any associated counterparty risks.
UNIVERSAL CURRENCY, EASY TO LIQUIDATE
Physical gold is recognised and sought after all over the world and as such can be exchanged for global currency, goods or services and can be easily liquidated.
Unlike currency, gold cannot simply be created; its finite supply ensures its enduring value. The World Gold Council estimates that all the world’s mined gold could fit into a 21.7m by 21.7m cube.