Gold News

Bullion dealer champions physical Gold Investment

A prominent UK Gold Bullion dealer has today (August 4th) highlighted the value of making a physical investment in the yellow metal, the Daily Telegraph reports.

There are a number of options open to investors, such as buying jewellery, exchange-traded funds and allocated or non-physical, unallocated gold accounts.

However, Tony Baird of Baird and Co explained in an interview with the newspaper that buying bars - rather than coins - offers a particularly attractive form of Gold Investment.

He said: "On a weight-for-weight basis, premiums on bars are generally lower than for coins and this makes bars the more attractive proposition for investors.

"As a rule, bigger bars have lower premiums (reflecting manufacturing and refining costs) than smaller bars."

Meanwhile, Marcus Bachmann, who manages about $140 million worth of assets in the Johannesburg-based Craton Capital Precious Metal Fund, also made a positive prediction for the future of gold prices.

He explained that the recent surge in gold jewellery demand in Asia - and in particular China - looks set to continue for the foreseeable future.

"The economic environment in Asia is improving. You can expect jewellery demand will potentially be supportive for the gold price," he told Bloomberg.

To Buy Gold today, avoiding wide spreads and storage costs – but still owning your physical Gold Bullion Investment outright with full legal title – be sure to visit BullionVault and claim a free gram of gold now...


See all articles by Gold Bug here.

Please Note: All articles published here are to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it. Please review our Terms & Conditions for accessing Gold News.

Follow Us

Facebook Youtube Twitter LinkedIn



Market Fundamentals