Why should you
invest in gold?
Gold has always been an essential safe haven for securing one’s future and assets. This is especially relevant in these times of health and economic crisis, where the future is uncertain.
The advantages of Gold:
- A Rising Price
The demand for gold is constantly increasing, particularly with strong demand from certain countries such as China, Russia, and India. These large, densely populated countries are major consumers of gold for historical and cultural reasons.
Industry also uses this precious metal, for example in our smartphones.
Gold is not an unlimited resource; it is even estimated that gold reserves are only 25 years long. Demand for gold is therefore greater than supply. This explains the rising price of gold.
“What is abundant is cheap, what is rare is expensive.”
This is why it is interesting to invest in Gold now.
- It’s simple and accessible
Investing in gold is simple and accessible to everyone. You don’t need to be a stock market or investment expert, or even a billionaire. Plus, there are no purchase taxes.
- A safe haven
The coronavirus epidemic, which has plunged many countries into lockdown, will have colossal impacts on the economy. We must expect an unprecedented financial crisis. Economic players have already begun investing in gold to secure their future. In times of crisis, such as the current one, gold is a safe haven. Gold preserves savings better than cash or financial securities, which tend to devalue during crises. The fear of bank failure during this difficult time is pushing investors towards safer investments such as gold.
How to buy gold safely?
Contact a specialized agency like RIVIERA CHANGE, a currency exchange office in Monaco, specializing in buying and selling gold in Monaco.
Their experts will be able to provide you with the best advice based on your needs and situation. For example, it may be advisable to mix investment types (coins, ingots, etc.) depending on your budget. This diversifies your investments and increases their security. This is also very practical when reselling: it gives you more flexibility to sell all or part of your investment.
What is the price of gold?
The price of gold fluctuates depending on the stock market. You can contact one of our experts to find out the current gold price.
Advantage: No tax is due on purchase!
How much to invest in gold?
Wealth management specialists recommend converting at least 10% of your investments into gold.
You’ve probably heard the adage, “Don’t put all your eggs in one basket.” Indeed, the more you diversify your investments, the less risk you take: real estate, precious metals, the stock market, etc.
Where to store gold?
You must keep the receipt. You can store the gold at home. Don’t hesitate to ask for advice when purchasing gold in Monaco.
NEW: You can order gold directly from our website and pick it up at our Monaco branch under the best hygiene and safety conditions.
COVID-19 Safety and Hygiene Information:
A reinforced glass panel separates our advisors from our clients. We disinfect our hands between each transaction. The branch is regularly and thoroughly disinfected. We ask our clients to respect social distancing guidelines, including masks, hand sanitizer, and physical distancing.
What you need to know about Gold:
- A safe bet
- A rising price
- Simple and accessible
It’s time to invest in Gold.