Holding physical gold is tax free and unlike with ISAs, there is no limit to the amount you can put in.
(PRWEB UK) 6 March 2013
Gold has performed well since the financial crisis and with the ISA deadline rapidly approaching; savers are beginning to think about where they should put their money.
The World Gold Council says that demand for bullion bars and coins accounted for 79% of gold demand in general last year, making physical gold significantly more popular among savers than investing in gold equities such as mining companies.
Physical Gold explains:
- Holding physical gold is tax free and unlike with ISAs, there is no limit to the amount you can put in. This means you’d be free to invest and save as much as you want, allowing you to build a better nest egg.
- Gold performance is not tied to economy or currency so there is less volatility in the market to watch out for, meaning the value of your investment shouldn’t decrease.
- Gold has performed well compared to stocks and shares ISAs over the past few years and always attracted interest during times of economic uncertainty.
- Gold is a good hedge against inflation, which has seen it perform well as key nations introduce monetary easing policies.
Physical Gold Ltd is a leading UK gold dealer, helping investors diversify their portfolios with innovative investment solutions. Renowned for their ground breaking products such as the Sipp gold and Gold Accumulation Account, the firm specialise in providing customers with tailored assistance in sourcing the best gold for their personal requirements. Based in London, the team are BNTA accredited and have an unrivalled knowledge of the gold market as well as an exceptional understanding of the general financial markets.