Fluctuating inflation rates and market volatility can drive up the cost of living, leaving many uncertain about their financial security. One time-tested method to enhance financial stability is investing in gold assets.
Today, numerous bullion investment platforms cater to different needs, each offering unique features. Here we review five of the top gold investment platforms, evaluating their overall offerings and key features.
1. BullionVault
● Overview:
The world’s largest online gold investment platform, BullionVault stores the largest stock of privately-held client assets with over $2 billion worth. They store bullion in a variety of locations including London, New York, Singapore, and Zurich.
This platform is suitable for private investors who aim to enter the professional gold market.
● Key Features:
– They offer gold in their wholesale form as large bars, this costs the least to buy and can be sold for a high price.
– Bullion bars are stored overseas for extra security, to avoid potential problems with domestic exchange controls during a crisis.
To start investing, customers simply have to sign up to create an account that they can transfer funds to, with the ability to sell their assets at any time with no penalty. For many investors this will be a more cost-effective way of investing in gold and other precious metals.
2. The Royal Mint
● Overview:
This bullion investing platform offers a wide variety of bullion options both physical and digital, from sovereign and Britannia coins to minted gold and silver bars.
● Key Features:
– They pride themselves in reproducing authentic and high-quality gold from historically valuable gold pieces, upscaling the gold’s value and worth.
– The Royal Mint features a simple and user-friendly interface to streamline the process of investing.
– Their bullion coins and bars offer 3 different security features, ensuring its protection and safety.
3. GOLD.CO.UK
● Overview:
This bullion investment platform for private investors offers a diverse selection of physical premium and minted gold, silver, platinum, and palladium coins and bars.
● Key Features:
– Gold.co.uk offers free and fully insured home delivery services.
– They offer real-time spot-based pricing which is updated every 2 minutes for all of their bullion products.
– Customers can purchase physical gold through their SIPPS or SASS pensions.
4. The Pure Gold Company
● Overview:
The Pure Gold Company specialise in physical bullion, including gold and silver bars and coins. Their line of products includes sovereign and Britannia as well as graded coins.
This company has 15 years of experience in the gold trading market and pride themselves on their consultative approach, offering guidance to beginners and experts alike.
● Key Features:
– Customers must invest a minimum of £5,000 to benefit from their full services.
– They offer an extensive investor’s guide to aid investors in making the right choices.
– They have a flexible buy-back guarantee and offer tax-free investments.
5. Physical Gold
● Overview:
This specialist bullion dealer offers UK private investors a range of gold and silver bars and coins.
Physical Gold offers physical bullion to invest in and sell. Customers can feel safe with their bullion in insured storage facilities or benefit from free delivery anywhere within the UK.
● Key Features:
– Investors can choose tax-free products by opting for those with the ‘CGT free’ sticker.
– They provide the Portfolio Creator, a useful tool that recommends the right bars and coins based on the customer’s budget and aim.
– Physical Gold partners with different pension providers so that customers can buy gold for their SIPP or SASS pension.
Final Thoughts
Overall, investors should place great emphasis on asset security and storage, the costs of bullion and extra charges from different platforms, and their buyback policy.
Those looking to invest should evaluate their budget and overall objectives to choose the right provider. It’s important to take advantage of the consultation services, giving you the chance to ask your questions and assess your suitability with a certain gold investment platform.