A beginner's guide to gold

55 minutes read

A beginner's guide to gold

Gold has long been considered a global currency serving as a common language of exchange between countries. Today, this shiny metal continues to play a very central role around the world. As a store of value, a hedge against inflation and deflation, or as a diversification tool for investors, gold has established itself as a multifaceted financial asset.

Key takeaways

The purchase price of a gold product is actually composed of two elements: the price of the metal and the premium.

It is important that, before buying, you think about how you will store and resell your physical gold. 

Upon resale, most countries apply a form of tax on gold, generally known as capital gains tax.

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