Economic instability in the country is forcing Russians to look for additional sources of preservation of accumulated capital. Investing money in gold is a good way to save finances for a long time, since precious metals are considered one of the most stable financial instruments. What are the ways to invest money in gold?
Option 1
Buying a bullion is considered the most common and optimal option. The legislation of the Russian Federation allows you to purchase bars of different weights and values with a gold grade of 99.9%. The investor independently chooses the size, weight and quality of the purchased precious metal.
First of all, it is necessary to pay attention to the reliability of the bank and the availability of the necessary documents confirming the authenticity of the metal. The second important point is the absence of scratches, visible damage and dents on the ingot. High quality gold must bear the obligatory mark of the plant that produced the ingot. Investment experts advise against purchasing heavy bullion as you may have difficulty selling later.
Option 2
Within the banking system, gold is equated to the same currency as the euro, dollar, ruble, etc. That is, you can invest money in gold by opening an impersonal metal account (OMC). A personal account is opened in your name, to which money is received in the form of ounces or grams. Within a certain period, the account is charged with the interest set by the bank at the time you purchased the gold bar.
The investor has the opportunity to choose the type of account. As a rule, banks offer current and urgent compulsory medical insurance. If you have opened an urgent compulsory medical insurance, then your interest will grow in accordance with the shelf life. When opening a current account, funds will increase in the event of an increasing value for gold. It is better to open such a deposit for a period of at least 5-7 years.
