Physical Gold is an asset and has captured the imagination of people for thousands of years. It has long been used as the ultimate way to display a persons wealth. The high demand for precious metals is driven not only by its practical use but more importantly for its role as an investment.
Investors may choose to invest in Gold (Bullion) for a number of reasons. To add diversification to an investment portfolio or to hedge against Currency fluctuations, inflation or geopolitical risks.
Historically, gold or other precious Metals have commanded much higher prices than the more common Industrial metals. Although Gold is used for industrial purposes it’s best known for its use in jewelry, coinage and the physical storage of it.