Description
The available products come from reputable mints such as Argor-Heraeus, Valcambi, Perth Mint and Heraeus, which are affiliated with the LBMA (London Bullion Market Association). LBMA accreditation guarantees the authenticity and high quality of gold, providing investors with confidence in the origin of the products.
To begin with, the seller suggests investing in gold investment bars. The most popular bars are 1 oz (31.1 g) with a purity of 999.9 (pure gold). The seller also offers bars of smaller weights, such as 1 g, and larger weights: 5 g, 10 g, 20 g, as well as placement bars of 100 g, 250 g, 500 g and 1000 g. Photographs showing real bars are available on the mints’ websites.
Factors affecting the price of gold
The price of gold depends on demand and supply. They are influenced by:
- Demand: Economic growth in countries such as India and China is increasing the demand for jewelry. Gold is also a popular investment asset, especially in times of economic uncertainty. Additionally, gold is used in technology and by central banks.
- Supply: Gold comes mainly from mining, but also from salvage (e.g., from gold jewelry or electronics). Rising mining costs or recessions can reduce supply.
- Global economy: During economic crises, gold becomes a “safe haven” and its price rises. An example is the 2008 financial crisis, when the price of gold rose due to uncertainty in the markets.
Geopolitics and global risk
Events such as wars, sanctions or civil unrest can increase demand for gold as a hedge against risk.
Gold prices can fluctuate depending on a number of factors, so it is worth keeping track of changes in the economic and political situation.
