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Investing in Gold Ideas and Tips: A Gold idea for investment during recession

By Charles Hopkins Published 01/22/2009 | Finance
The best investing idea in the present day economic turmoil is undoubtedly the investments in Gold. Plummeting stock markets and plunging real estate markets made the investing fraternity in doldrums. This investing community is worrying about the stable and sound investment opportunities. The only bright line in the investment arena is the investments in Gold.

If you see the financial analysis of more than a century, you can be assured of the soundness of the investment in Gold. Investment in Gold is considered as the most stable and sound opportunity which gives assured average returns. This is the best and safest investment field in any time, whether the global economy smells recession or not. The demand for gold is there and will be there in the world market. The risk free opportunity lies in the investment in Gold. Total investment in Gold has grown last year to an amazing height, about 163% more than the last year. This alone shows the popularity of this investing idea. A statistical analysis shows that the yearly return from the gold investment is more than 30% and for a calculated investor; the revenue from the gold investment was double in the last year.

Gold is not truly a long term investment. This solid investment opportunity can give short term gains as well. Many financial experts narrate stories of successful investing experiences in Gold. What are the best ways to invest in Gold?

One of the most popular ways to invest in gold is to buy gold coins such as Sovereigns. These pure gold coins are available for the investor from many sources such as banks and online eBay sites. Many financial experts advise the investors to buy gold coins as safe and long term investments. Many investors buy and sell gold coins in the appropriate times as well to make short term capital gains. There are many factors to be considered before buying gold coins as investment. Some of the ideas and tips are given here in this article.

  • Purity of the gold coin you plan to purchase need to taken into account. Mostly the coins will be of 22 ct gold. This purity is ideal. You can see the 916 symbol for the purity. 22 ct means 22 parts of pure gold and 2 parts of copper. 24 ct is the purity of the pure metal Gold. Make sure you get best quality.
  • The price tag for gold coins. Many sites may quote different price tags for gold coins. If you compare the prices of coins from different sites, you can pick up the cost effective deal from a website.
  • The authenticity of the store and gold. You should see the reputation of the eBay store or local store from which you purchase the gold.

If you are ready to put on some time and efforts in looking through the above factors, you can be assured of best investing in Gold.