
Investing in Gold for Beginners
Investing in gold is a popular way to protect and preserve capital, especially in times of economic instability. According to a recent BofA survey, 45% of young people own physical gold as an asset, and another 45% said they are interested in owning it. Among the older generation, this figure is even higher. High interest in gold brings to the fore the algorithms for investing in this precious metal, which will be discussed below.
In order to invest in gold bars, you first need to purchase them. In Ukraine, this can be done through:
Banks: most large Ukrainian banks offer services for buying and selling gold bars. In this case, you can purchase bars of various weights – from a few grams to several kilograms.
Licensed dealers: in addition to banks, bars can be purchased from licensed dealers of precious metals. It is important to check their licenses and reputation.
Online platforms: Some banks and specialized companies offer the purchase of gold bars online with delivery or storage in bank safes.