Buying Gold In 2020 | InsideOjodu https://www.insideojodu.com ...conecting the community Fri, 10 Jul 2020 10:22:59 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.10 http://www.insideojodu.com/wp-content/uploads/2018/12/favicon.ico Buying Gold In 2020 | InsideOjodu https://www.insideojodu.com 32 32 Buying Gold In 2020: The Best Tips https://www.insideojodu.com/how-to-buy-gold/ https://www.insideojodu.com/how-to-buy-gold/#respond Fri, 10 Jul 2020 10:22:59 +0000 https://www.insideojodu.com/?p=14584 It could be that you’ve decided that 2020 will be your year for making…

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It could be that you’ve decided that 2020 will be your year for making good investments, or you could be viewing the COVID-19 global pandemic with some concern and are looking to move some wealth into gold. Either way, if you are planning to add gold to your portfolio in the coming months, here are a few tips. 

Study The Trends – If you look at the global markets and their reaction to the COVID-19 virus, certain assets, such as currencies or shares, are suffering, and with many small investors moving their wealth into gold, you can expect to see a rise in prices. When you register with an online bullion dealer, you have instant access to all the latest news from respected analysts. When you are ready to make a transaction, you have a secure online connection.

Forge An Alliance With A Reputable Gold Bullion Dealer – You could really use a connection with a registered bullion dealer that buys and sells precious metals and diamonds. If, for example, you wish to start collecting gold coins, you may want to take a look at the range of gold coins Brisbane investors get from City Gold Bullion.

Physical Possession– Simply put, getting hold of your investment is a must, as this minimizes the risk of fraud, plus you have instant access, should you wish to liquidate. If you are planning to buy gold bullion for the first time, make sure you visit the offices of the bullion dealer, and never pay for gold to an online dealer unless you have been to their offices.

Storing Your Gold– There are those who believe gold should be stored outside of the banking system, for obvious reasons, and the majority of small gold investors rent a safety deposit box at a security company, where their investment remains very secure, and you have access during regular office hours. An alternative is to have a concealed safe at home, as many private investors do, which offers the convenience of being close at hand.

Define Your Goals– When looking to acquire any asset, you should know your objectives, which might be that you’re looking for a safer investment than the one you currently have, or it could be that you are looking to leave your investment in gold for at least 5 years. Whatever your goals, once you know what you want from your investment, you are better prepared to make a decision. If you are new to the world of investment, there are a lot of informative articles on how to buy gold that you can find online.

With the current global pandemic and an expected second wave, now is the ideal time to consider investing in gold bullion, and with an online dealer, making an investment has never been easier. The price of gold has been the very foundation of global wealth and is currently enjoying a spike. Gold is looking to be a very wise investment, as currency becomes volatile.

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