How to invest money in gold in a bank? How to invest in gold?

Gold has been considered precious metal for many centuries. It is used not only to create unique jewelry, but also to increase capital. In many ancient countries, gold coins were used as money. And the rulers of the most economically developed countries still prefer to invest in gold today. A reliable citizen can also create his own reliable investment portfolio, which understands little about the economy.

Historical facts

The history of relations between mankind and gold began many thousands of years ago. The exact date of the opening of the precious metal can not be named. Historians are still arguing on this topic. Gold for a long time was valued for its unique properties. It does not oxidize and can be kept long enough. Some gold ornaments, which are kept today in museums, are more than 2000 years old. Gold in nature is extremely small, and in order to extract it, considerable financial expenses are required.

People have been investing money in gold since its discovery. But the real boom of investment began after 2000. People remembered that a precious metal is in fact a reliable asset. Gold never falls in price. This means that by investing in a precious metal, you will not only be able to save your finances, but also multiply them. Attentive investors who bought gold in 2000, today can sell it much more expensive. For 10 years, the troy ounce has grown in price by 560%.

Modern gold market

Investing in precious metals has always been profitable. But before you invest in gold, you should consider a number of factors. The cost of a precious metal can depend on the general state of the market for a certain moment. Therefore, it is not advisable to build your investment portfolio on gold alone. There is a risk of losing your money.

Before deciding whether to invest money in gold, it is worth exploring the international situation. The cost of a troy ounce can be influenced by international political conflicts, legislative projects relating to the purchase and sale of precious metals, the economic state of the state, the level of gold reserves of the national bank, and so on.

A huge increase in gold prices was observed in 2011. Most experts believe that such a leap was created artificially. Panic and excitement did their job. Small investors began to buy up precious metal in huge quantities. By 2014 the world stock of precious metal has broken all records. Today, this figure exceeds 180 thousand tons. Almost half of all these stocks are jewelry. Investment savings account for only 23%.

Many investors and today are in a hurry to invest money in gold. Reviews show that in this way you can really make money. But this is a long-term financial instrument. Do not wait for profits in the first few months of investing.

How to invest in gold?

You can invest in precious metal in several ways. It is possible to purchase gold bars and coins from the bank, buy original jewelry or antiques, open an impersonal metal account in a financial institution, and start trading on the exchange using the services of a broker.

The purchase, according to many, is the most rational way to invest money in gold. Investors' comments show that physical contact with precious metal (when you can see it, hold it in your hands) gives more confidence in the future. Although the most profitable way to invest can not be called.

Gold bars and coins

Those who do not know how to invest money in gold, Sberbank offers to buy gold bars or coins. The financial institution has an appropriate license to conduct operations related to precious metals. On each gold ingot there is a stigma, which means specific gravity. The bank offers gold bars weighing from 1 gram to 1 kilogram. Also you can find information about the factory, see the quality certificate.

Before investing money in gold, Sberbank offers to familiarize itself with the terms of the contract. It specifies the cost of the ingot, its weight, and also the sample. Precious metal, which is offered in financial institutions, is 99% gold.

It is also beneficial to invest money in gold with coins. They are of two types - investment and collection. The second species is of historical value and can be used to preserve capital. Collectible coins are quite expensive. Evaluation can only be done by a real professional. It is much easier and faster to buy investment gold coins.

Investments in jewelry

Even those investors who are poorly versed in economics and financial transactions know how to invest money in gold. It is only necessary to purchase an original piece of jewelry. This is the most simple and affordable way to invest. It is enough just to choose an ornament and pay it in the cash register of the store. At the same time, there is no need to conclude a contract, fill out declarations, etc.

Investments in jewelry also have a number of shortcomings. After the product leaves the store counter, it falls in price by 25-35%. It will be impossible to implement it at the primary cost. In addition, to make jewelry almost never use gold in its pure form. On most of the items that are presented in domestic jewelry stores, there is a 585th test. This means that the metal contains only 58.5% of gold. Before investing in gold of this quality, it is worth several times to think. Perhaps it makes sense to apply to the bank?

Unallocated metal bank accounts

This is a normal account that can be opened in a financial institution. The only difference is that it stores grams or kilograms of gold, not money. Many do not know how to invest money in gold in a bank and not overpay. The fact is that the physical purchase of precious metal at the time of the conclusion of the contract does not occur. This means that the transaction is not taxable. Money is simply paid into a certain account. At the same time, the currency is converted at the selling rate for a certain day.

There is an opportunity to open an urgent metal deposit. In this case, the yield will be even higher. The investor will be able to make money by raising the price of gold in the domestic market, and will also receive interest on his deposit.

Opening an impersonal metal account in the bank has some nuances. The conclusion of the contract will not require any financial costs. But if the investor wants to get the deposit amount in gold, some expenses will appear. First of all, it will be necessary to pay 18% of the VAT on the amount of the deposit. In addition, it will be necessary to recheck the dimensionality of the ingot. And this procedure is also performed not for free.

Which way of investing is more profitable?

Each beginning investor sooner or later asks about how to invest money in gold most profitable. Everything depends on the expected result. If you just need to keep your capital, then physical buying of gold is quite suitable. But here it is better to give preference to bank ingots and coins. In this way, money can be saved much longer.

Those who want to earn more on gold, it makes sense to think about an impersonal metal account in the bank. The main risks associated with the storage and maintenance of precious metals remain with the financial institution. The investor will receive a guaranteed profit. It will be much more if you sign a contract with the bank for a long time.

Which bank to entrust capital?

For those who do not know how to invest money in gold, VTB 24, Sberbank, and Alfa-Bank offer the most favorable terms. These financial institutions occupy leading positions in the domestic market. Sberbank, for example, has been working with depersonalized metal accounts since 2002. During this time, many financial institutions managed to use the services of the financial institution. Some managed to even double their capital. The bank works both with accounts and with physical gold.

The working conditions of Alfa-Bank and VTB 24 are very similar. These financial institutions have far fewer branches in the country than Sberbank. But, as a rule, problems do not arise. Even for small investors, information is provided on how to invest money in gold. Alfa Bank offers a physical purchase of precious metal or opening an account of 1 gram.

Trade through brokers

Investigated investors are not in a hurry to carry money to the bank. Trading in gold is possible on the exchange. This is the most difficult and at the same time profitable investment option. It is not enough to have only the initial capital. You need to know the nuances of trading on the stock exchange, understand the terms and financial instruments. In this case, a decent income can be obtained not only at the moment of rising prices for precious metal. A competent broker will also be able to earn on the fall in the value of a troy ounce.

Trade in gold in the market will be able to only a really experienced investor. There is a huge risk of completely losing your capital.

Is it worth investing in gold?

About 50% of all transactions involving gold are made when the state begins an economic crisis. This is due to the fact that the precious metal is one of the most stable investment tools. At the same time the price of an ounce never stands still. Gold at one point can grow in price by 15% or even more.

Invest in precious metal is best for a long time. It's worth 5 or 7 years to forget about your investment portfolio. In this case, its yield will indeed be high.