Gold A Good Investment Haven?

Investing in gold is beneficial since it provides support in times of political or economic uncertainty, it helps in the long and short term, it is a tool that protects against inflation and devaluation, it is not corrosive, and it is accepted anywhere in the world.

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But, although it is safe, it is not recommended to deposit all the money in this metal since one of the main rules of investments is diversification. To be profitable, it is recommended to buy it when its value is down and sell it when it is up.

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This metal can be acquired in six different ways: physically (ingots, coins, and/or jewelry), through certificates of deposit, gold futures, shares of mining companies, investment funds, and exchange-traded funds.

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If it is done with coins, it is suggested to acquire the following:

  • Fifty centennial pesos gives a low premium and allows positioning on the value of gold day by day. In times of crisis, the premium for this goes up, especially in Hispanic countries.
  • South African Krugerrand: It was the first gold coin to contain exactly one ounce of fine gold and was created as a bond for private gold ownership.
  • 20 Swiss Francs Vreneli: It is one of the most classic and popular coins in the world for both collectors and investors. It is fully backed by the Swiss government.
  • Twenty-five pesetas of Alfonso XII: representative national currency of Spain. In times of crisis, your premium can increase considerably by purchasing high securities positioned by supply and demand.
  • La Vera Valor, the bullion gold coin: due to the fact that it is not linked to any country, religion, culture, and/or fiduciary currency, it is considered a unique and atypical currency.

Gold is distributed as follows: 60% of the annual demand for gold worldwide comes from the jewelry industry, 10% from technology, 20% goes to bullion and investment coins, and 10% to banks centers of the world.

Gold is distributed as follows: 60% of the annual demand for gold worldwide comes from the jewelry industry, 10% from technology, 20% goes to bullion and investment coins, and 10% to banks centers of the world.

Gold is distributed as follows: 60% of the annual demand for gold worldwide comes from the jewelry industry, 10% from technology, 20% goes to bullion and investment coins, and 10% to banks centers of the world.

Gold is distributed as follows: 60% of the annual demand for gold worldwide comes from the jewelry industry, 10% from technology, 20% goes to bullion and investment coins, and 10% to banks centers of the world.

VAT on Gold and Silver

At the time the image was taken, the gold bullion price was 1,514.64 euros. That is, the price of gold is trading at that price, and then we will see how they would sell it to us, but before seeing this, it is important to point out the VAT issue.

The ingot is taxed at 21% VAT; however, coins that are legal tender are exempt from VAT and, specifically, the Krugerrand is considered legal tender; therefore, the page does not record the purchase operation with 21% VAT. Now, if you buy another silver coin that is not legal tender, you will be taxed with VAT.

Gold A Good Investment Haven?
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