The best gold to buy in the UK depends on your investment goals, budget, and preferences. Generally, popular options include:
- **Gold Bullion Bars**: These are favored for investment due to their low premiums over spot price and high purity. Common sizes include 1g, 10g, 1oz (31.1g), and larger bars.
- **Gold Coins**: Popular coins in the UK include:
– **Britannia Coins**: Recognized for their high purity (typically 24 karats) and legal tender status.
– **Krugerrand**: While originally South African, they are widely available in the UK.
– **Maple Leaf**: Canadian coins known for purity.
– **American Gold Eagle**: Also available in the UK, though less common.
- **Gold ETFs and Digital Gold**: For more liquidity and ease of trading, some investors opt for Gold ETFs or digital gold platforms.
**Considerations when choosing gold:**
– Purity (preferably 24 karats or .999 fine)
– Recognized and reputable mints or dealers
– Storage options and costs
– Liquidity and resale market
**Reputable UK dealers include:**
– BullionByPost
– The Royal Mint
– CoinInvest
– GoldCore
It’s advisable to buy from reputable, certified dealers to avoid counterfeit products. Consulting with a financial advisor or gold specialist can also help tailor your purchase to your investment strategy.
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