Gold investment is still the mainstay of most investors who want to get profits, especially in the face of crisis and inflation. Gold is one of the most liquid or easily traded instruments at very high prices. That is the reason why there are currently quite a lot of types of gold investments offered. Gold investment does tend to be safer, but we still have to be vigilant with various types of gold investments that are not yet known for profit and loss. Gold investment also still carries risks, such as the global situation, monetary policy, inflation, and the US dollar exchange rate. Therefore, to continue to reap the benefits of investing in gold IRA companies, understand the following types of gold investment and the risks faced.
Gold can not only be used as an investment portfolio but can also be used as an emergency fund whenever needed. The average profit from gold investment can reach 7-9 percent in the long run. One of the most ancient investment instruments and is still done today. Bar gold investment is by buying gold bars from gold issuers. Types of gold bars sold from 1 gram to 1 kilogram units. Carat levels also differ depending on the type of product selected. Nowadays many platforms have one of its innovations, by buying gold online. Many provide a guarantee that even though the purchase is done virtually, the physical is still provided. This means that gold investment is guaranteed to get physical gold bars by the amount invested.
Investment in gold jewelry is different from investment in gold bars. One of the disadvantages of investing in jewelry gold is being subject to a 10 percent VAT tax. That way the investment value will be reduced. While investment in gold bars only requires storage rental fees without being taxed like gold jewelry. Even so, the people in the area still make gold jewelry as an investment instrument while showing their social status amid their environment.