Investing in gold can be challenging for investors more accustomed to trading stocks and bonds online. When it comes to physical gold, you’ll generally be interacting with dealers outside of traditional brokerages, and you’ll likely need to pay for storage and obtain insurance for your investment. The main options to invest in gold are bullion, coins and jewelry and via Mining

Gold Bullion

When most people think about investing in gold, bullion is what they think of—big, shiny gold bars locked away in a vault. You may have seen the videos of people trying to get the bars out of the Perspex cages with one hand, yes they are heavy!

Gold bullion comes in bars ranging from a few grams to 400 ounces, but it’s most commonly available as one- and 10-ounce bars. Given that the current gold price is around $1 743 per ounce (as of September 2022), this makes investing in gold bullion an expensive proposition. And unlike stocks, there’s really no way to get a fractional share of a gold bar.

Because of gold bullion’s high price, it’s especially important to use a reputable dealer and to pay for delivery—with insurance—or to shell out for storage at a large vault or in a safe deposit box.

If you opt to invest in gold with bullion, it’s also a good idea to stay up to date on the price of gold, so you can pick the right time to buy—most dealers update their prices based on current spot prices.

Gold Coins

The most common gold coins weigh one or two ounces, though half-ounce and quarter-ounce coins are also available. Collectible coins, such as South African Kruger Rands, Canadian Maple Leafs and American Gold Eagles, are the most widely available type of gold coins. Some dealers even sell blanks and damaged or worn coins.

Gold coin prices may not entirely line up with their gold content, though. In-demand collectable coins frequently trade at a premium. A one-ounce American Gold Eagle coin, for example, retails for just over $1791 in September 2022. That’s almost a 5% markup over a comparable amount of gold bullion.

You may be able to find better deals on gold coins from local collectors or pawn shops, but it’s still typically safer to make purchases using a reputable, licensed dealer.

Gold Jewelry

You may also opt to buy gold you can wear—or that someone once wore but has been damaged—in the form of gold jewelry. Investing in gold jewelry, however, carries many risks that investing in pure gold doesn’t.

 Firstly Walking around flaunting a lot of expensive jewelry in today’s current economic climate is somewhat distasteful and also dangerous unless you have bodyguards!

Secondly, you have to be careful about jewelry purchases as not all secondhand jewelry is sold by reputable dealers. Not only does authenticity matter to you—but it will also matter to anyone you try to resell the piece to. This makes it crucial you buy investment jewelry from a reputable dealer and obtain as much documentation as possible.

Thirdly, you’ll pay some amount of markup based on which company designed and manufactured the jewelry. This could be anywhere from 20% to more than three times the precious metal’s raw value.

You’ll also want to be aware of your jewelry’s purity, or what percentage gold it is. Gold purity is calculated based on karats, with 24 karats being 100% gold. Lower purity decreases your piece’s melt value, or the raw value of your jewelry’s components if it were melted into pure gold.

Invest in Gold by Purchasing Stock in Gold Miners

Investing in the stock of companies that mine, refine and trade gold is a much more straightforward proposition than buying physical gold. Since this means buying the stocks of gold mining companies, you can invest in many ways.

One really convenient way is:

Omega Minerals have released the new series (3F) of their popular investment note, which provides the opportunity to exit every 6 months.

Omega Minerals Plc 12% convertible note series 3F

Key Features:

Minimum investment $10,000.

12% pa Coupon – paid half yearly.

Initial term 24 months, with early exit option – see below.

Investors may exit early, penalty free, at each 3-month anniversary, (giving 3 months’ notice).

The conversion to equity option @ 200% of the NOTE face value.

Why Invest in Omega 3F?

The coming months are the most useful and productive months of the mining Season in Canada are between now and the end of October. Activity is ongoing, the “boots on the ground” activities are purely and simply focused on the geological surveying and trenching work needed to support the reports before the end of the season. A lot has been done, but there is more that is needed during these most productive months.

Funding the teams in Canada is especially mission critical during this period, hence they have launched this limited edition FLEXIBLE 2-year convertible note, as mentioned above, which provides your clients a great opportunity to share in the ultimate rewards.

You can find more detail on the tenures etc. in the company’s last update, of June 2022.

If you would like more information on Omega 3F Contact us john@nextlevel-assets.com