Purchasing gold bullion can be a good way to keep your backside covered as a form of wealth insurance policy, in addition to as an investment (but not your only investment).
This is of course assuming you actually have the money for it, as this stuff is pricey.
Like other forms of precious metal bullions it can be purchased in the form of bullion bars or bullion coins.
Popular Gold Bullion Coins include (but are not limited to):
- Double Gold Sovereign (UK)
- Gold Sovereign (UK)
- Gold Half Sovereign (UK)
- Gold Quarter Sovereign (UK)
- Gold 1oz Britannia (UK)
- Gold 1/2oz Britannia (UK)
- Gold 1/4oz Britannia (UK)
- Golden Eagle (USA)
- Gold Krugerrand (South Africa)
- Gold Maple Leaf (Canada)
- Gold Kangaroo (Australia)
Gold Bullion bars come in a variety of sizes in addition to the stereo-typical vision of the 12.5kg (27lb) bars depicted in movies and tv shows (one of those at time of writing will apparently set you back the thick end of £650,000), with popular sizes including:
- 1kg
- 500g
- 100g
- 50g
- 1oz
- 20g
- 10g
- 5g
- 1g (apparently considered more of a novelty gift than an investment)
Selection of Gold Bullion Bars
If your budget can’t stretch to gold, you may want to consider Silver Bullion Bars and Silver Bullion Coins instead, as they’re a fraction of the price.