Read our free, no obligation guide to find out more about how you can Invest in Gold
Learn how to do it the best way!
For most investors, there are two main routes to investing in gold:
Gold Coins
- Choose between Sovereign and Britannia coins and then decide whether to invest in numismatic (rare or old coins) or newly minted bullion.
- As they are legal tender, coins are totally tax free for UK residents – there is no VAT, income tax or CGT to pay.
- Supply is extremely limited– only 75,000 Sovereigns are minted each year. This year’s supply was pre-sold by March.
- The value of the coins is not restricted to just the intrinsic value of the gold – their premium is rising with demand due to the scarcity value. This gives the potential to further enhance profits.
Gold Bars
- Legislation decreed that alternative assets were permitted into SIPPs from April 2007. ‘Good delivery bars’ qualify (these are exceptionally high purity), and are the only physical commodity permitted.
- This type of investment is VAT exempt, and can attract tax relief of up to 40%.
- A SIPP wrapper gives an investor the flexibility to house mix of paper and physical assets in the same vehicle.
- Gold is held in a segregated storage account at a depository, which is licensed by Nymex, Comex and CBOT and insured by Lloyd’s of London.
- Gold provides pension value protection for those nearing retirement, and a great hedge for younger, aggressive portfolios.
Buy direct from dealers for the best prices
Based in London, we offer a broker-only service that allows you to invest in gold bars and coins direct from dealers at market-leading prices. Contact us today to discuss your requirements.