How to Safely Store Your Gold?
By , 02 August, 2023
- Home - Smaller sums can be held at home in a concealed, secure place, such as a quality safe or vault. Be wary of hazards such as theft.
- Private vaults - For bigger holdings, respectable precious metals firms run private vaults with high-grade security features such as multi-layered compartments.
- Third-party storage - Some dealers provide fully insured segregated or pooled bullion storage in high-security vaults across the world. It is more convenient, but it gives you less control.
- Safety deposit boxes – Banks are often seen as secure locations, and the precious metals stored in their safe deposit boxes are usually adequately safeguarded against theft, damage, or loss.
- Distribution - Never keep all metals in one place. Distribute across several places to reduce risk exposure.
- Ensure you have insurance.
By , 02 August, 2023
Site moderator. Gold and silver enthusiast for 10+ years. Passionate follower of current events.
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