LONDON, 8 August 2016 – Comment and analysis from BullionVault features today in a detailed article looking at the best ways to buy investment gold published at TheGuardian.com, one of the world's most popular news-sites.
Printed in yesterday's Observer newspaper – the Sunday title from The Guardian group – "Outstripping house prices, the FTSE 100 and fix-rate bonds, the precious metal looks tempting," says the report.
But for anyone buying small bars or coins, "Dealing costs, handling charges and delivery fees can quickly eat up any profit you make from the rising gold price," says BullionVault head of research Adrian Ash.
"If you hold more than a few thousand pounds [at home] you are likely to invalidate your household insurance, or will have to pay an extra premium and install security measures."
"BullionVault's 60,000 customers own the gold they buy," explains the newspaper, "but it is held in vaults in London, Zürich, New York, Toronto or Singapore. Maximum trading costs are 0.5% and there are also storage costs. On average, customers hold £30,000 of gold, though most hold smaller sums."
BullionVault's internet service processed trades worth £30m on the Friday after the Brexit referendum, a new record, says The Observer's article.
"Not everybody was buying, some were taking profits," says Adrian.
Read the full report at The Guardian online:
Gold can be a big deal for small investors, but nothing is certain
