As we hope for gold at the Commonwealth Games, it's worth knowing why gold is the most sought after metal in the world.
Everything You Ever Wanted To Know About Gold
5 Reasons To Own Gold
It's all covered in full detail in the wonderful illustrations below, but here's a sneak preview:
- To Diversify Your Portfolio
- As A Storage Of Value
- It's A Safe Haven Asset
- The Supply And Demand Fundamentals
Recent Jumps In The Gold Price
Problem areas, such as Ukraine/Russia and Israel/Gaza, affect the world's economies. It's therefore no surprise the gold price has been on the move. Between January and March 2014, it rose 16%, though it fell back a bit. It was on the rise again last month, increasing by as much as 8%.
Click The Five Tabs Below To Learn All About Gold
Gold Can Be Bought With A SIPP
Unfortunately, you can't pop down to your 'Cash For Gold' merchant with your SIPP Bank Account to buy yourself a few gold nuggets. Your SIPP can only hold a particular type of gold, that's effectively SIPP approved. You'll find details of how to buy gold for your SIPP in our Members Area.
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