Investments in gold protect savings from inflation and provide economic security. Buying gold bars is now easier than ever before as there are a huge range of online dealers than make it safe and easy to buy gold bars online in the UK. Gold is an important investment that everyone should make. It acts as an insurance policy in times of economic and currency upheaval and protects your wealth. Experts have recommended that between 25-30% of assets should be fixed as an investment in precious metals.
It is possible to invest in gold in two main forms; gold bars and gold coins. Their high value derives from their high purity and precious metal content. Although bullions have little to no artistic component like jewelry, they are priced very close to the world gold price due to their value. Gold bars are available in a huge range of sizes ranging from a few grams up to 1kg and often greater weights too. This makes it particularly easy for large and small investors alike to buy gold bullion. Investment in gold has grown significantly in the last five year in the UK. There are several reasons that drive the high demand for gold. Currently the demand for gold from investment markets is booming and high demand is driving up prices rapidly.
China and India are the world’s biggest consumers of gold and contribute to over a fifth of the total world gold market. Reports published during the first quarter showed that total gold consumption by India and China outstripped global output. Another contributing factor to the rise in gold prices is the decline in output of gold from mines. South Africa is the world’s largest contributor to annual gold output, however since 1998, output has been declining at an alarming rate; output has been declining by almost half year on year. Other mining countries have failed to increase operations to compensate to increase global mining output and as a result the shortage has cause the price of gold to climb higher.
Additionally, geo-political and economic instability do contribute toward changes in the price of gold bullion. Investing in gold is a way to protect savings from inflation. Postal Bullion’s experts recommend everyone to buy gold bullion to protect their savings. “Now more than ever is an important time to invest in gold. With the current economic and political climate, you cannot be sure of tomorrow but buying gold bars can help provide some security. We’re seeing a much greater uptake in investments from people all around the UK,” says Marcus Allsop, Postal Bullion’s Head of Marketing. Online traders provide a safe, fast and simple way to buy gold bars online in the UK and supply a range of gold bars and coins.