Why invest in physical gold in Singapore?
Investing in physical gold is a popular choice for many investors in Singapore. This precious metal has a long history of holding its value and is seen as a safe-haven asset, particularly during times of economic uncertainty. In this article, we'll explore the benefits of investing in physical gold in Singapore and provide some tips to help you get started.
Why invest in physical gold in Singapore?
There are several reasons why investing in physical gold in Singapore is a smart choice:
Diversification: Gold is a great way to diversify your portfolio, as it has a low correlation with other asset classes like stocks and bonds. This means that when the stock market goes down, gold prices may go up, providing a hedge against market volatility.
Safe-haven asset: Gold is often seen as a safe-haven asset, particularly during times of economic uncertainty. Inflation, geopolitical risks, and financial crises can all lead to a flight to safety, and investors often turn to gold as a store of value.
Tangible asset: Unlike stocks or bonds, gold is a physical asset that you can hold in your hand. This can provide a sense of security and control over your investment, as you can physically see and touch it.
Potential for price appreciation: Gold prices have historically increased over time, making it a potentially lucrative investment. Of course, like all investments, there is no guarantee that gold prices will continue to rise, but it is worth considering as part of a diversified portfolio.
Tips for investing in physical gold in Singapore
If you're considering investing in physical gold in Singapore, here are some tips to help you get started:
Choose a reputable dealer: When buying physical gold, it's important to choose a reputable dealer that you can trust. Look for dealers that have a long history in the industry and good reviews from other customers. We are a reputable gold dealer since 2011 established locally in Singapore. You may visit our website www.buygold.sg for range of physical gold with good value to grow your physical gold assets.
Consider storage options: Once you've purchased physical gold, you'll need to decide how to store it. Some investors choose to keep it at home, while others prefer to store it in a secure facility. Make sure you consider the costs and risks associated with each storage option. To save on storage fee, you may choose to store it at home, buy a secured safebox and store your valueable physical gold inside for safekeeping.
Understand the different types of gold: There are several types of gold that you can invest in, including bullion coins, bars, and jewelry. Each type has its own advantages and disadvantages, so make sure you understand the differences before making a purchase.
Consider your investment goals: Before investing in physical gold, consider your investment goals and how gold fits into your overall portfolio. Gold can be a great diversifier, but it shouldn't be the only investment in your portfolio.
In conclusion, investing in physical gold in Singapore can be a smart choice for investors looking to diversify their portfolio and protect their wealth. With careful research and planning, you can take advantage of the potential benefits of this precious metal and achieve your investment goals.
Why us?
Gold Price Singapore Pte Ltd has been around since 2011 with good reputation and good track record over the years. We are very transparent in every dealing to our valued clients and our clients are happy to get good deals from us.
We are persistent in adding value to our customers by offering a whole range of related products and services and are committed in offering the best value of all your precious metal’s needs.
Our core values
With businesses become profit-driven at all costs, BuyGold.sg continues to uphold the two main basic values of Integrity and Honesty, in the development of a sustainable business. We pride ourselves in offering only genuine physical gold products and the best service to you.
We aim to give the best value for your physical gold purchase to make your gold investment worthwhile not only in the short term but in the long term.
You may view our Google Reviews written by all our valued clients.
Why support local businesses?
Did you know? Local businesses and Small Medium Enterprises (SMEs) form the backbone of the economy and contribute to around 66% of all employment in Singapore. While we are enduring and doing our best to get through the COVID-19 pandemic crisis, many small businesses that we know are struggling to survive – many owners and employee’s jobs might be on the line!
We are a local based company aim to serve the community with the best value of their precious metal’s needs. For us to achieve this, we need the support of the gold investors clients. Whether you are looking to buy or sell your physical gold to us, our aim is to provide the best value for your physical gold.
Gold Price Singapore Pte Ltd provide physical gold in various form, we aim to provide the best value of your physical gold purchase. We carry IPM qualifying Gold Coins which is GST exempted and LBMA listed brand 999.9 Gold Bars. You may shop at our physical gold online store at www.buygold.sg and we provide Secured Delivery in Singapore. For order at our store counter and self collection, you may arrange an appointment with our sales person, Billy at (65) 9781 8351.