Gold has interested jewelry lovers and investors alike for thousands of years. In addition to looking nice, gold has a glowing history of immense value. If you’re looking to add to your jewelry collection or diversify your investment portfolio, here are three reasons why you should invest in 21 karat gold.
Historic Currency
While the average person doesn’t do business in gold coins anymore, gold still holds value throughout many cultures today. In fact, gold was used as currency longer than any other form, and it still is used as a store of value by many investors.
Portability
Unlike many popular investments today, gold is portable. You can store it anywhere you’d like, and you can rest easy knowing you have easy access. It can be more difficult to secure other assets, like the virtual bitcoin. It can also be given as gifts in the form of jewelry, which can be sold or exchanged easily in an emergency.
Confidentiality
If your privacy is essential for your investment transactions, gold is one investment you can make completely anonymously. Any form of gold can be purchased with cash. While your valuables need to be reported for tax purposes, gold is still one of few assets you can attain privately.
If you’re not sure how you’d like to purchase 21 karat gold you can always consult with the experts. They can better help you decide between gold bars, coins, or jewelry to help you build your investment portfolio in a way that suits your budget and lifestyle.