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Why invest in Gold

Why invest in gold?

With a long history of stability and consistently maintained value, it’s no wonder that people have turned to gold as a way to safeguard their wealth, protect themselves against economic uncertainty.

Why invest in gold?

A Proven, Tangible Asset

Gold has stood the test of time—valued for centuries as a tangible, liquid asset and a proven shield against inflation, political instability, and market downturns. With inflation constantly chipping away at your money’s purchasing power, protecting your wealth is more crucial than ever. Diversifying with gold isn’t just smart; it’s a powerful move towards stability and security. Whether you’re looking to build a collection or add strength to your portfolio, gold remains a timeless and reliable choice.

Tax Efficiency VAT Free

For collectors who are concerned about both value and tax implications, gold coins offer a unique advantage. In 2000, the UK’s Her Majesty’s Revenue and Customs abolished VAT on gold of a certain purity, making it an appealing option for collectors looking to maximise value. According to the ruling, if a gold coin is 90% pure or higher, it is not subject to VAT. With the current VAT rate at 20%, this can be a significant savings for collectors. So, if you’re a collector looking to add value to your collection while minimising tax implications, gold coins are definitely worth considering.

Undeniable Beauty

Gold has always been revered for its beauty and value, and for many people, the experience of owning gold is deeply satisfying. Whether it’s a piece of jewellery or a gold coin, this precious metal holds a special place in our hearts and can be treasured for a lifetime or passed down to future generations. The appeal of gold is timeless and enduring, making it a truly special asset to own.

Capital Gains Tax

When collecting gold coins, it’s important to understand the tax advantages. Gold coins from The Royal Mint are exempt from Capital Gains Tax (CGT) for UK residents, thanks to their status as legal tender. This means you can enjoy your profits without worrying about CGT, making these coins a smart and tax-efficient addition to your portfolio.

Luckily, there are key exceptions to typical CGT rules when it comes to certain gold coins. Gold coins from The Royal Mint are classified as British legal tender, which means they are completely exempt from Capital Gains Tax. Any profit you make when selling these coins is free from CGT, no matter how substantial. If you’re looking to build a gold coin collection while minimising your tax burden, focusing on legal tender coins in the UK is a savvy move.

Explore Gold Statistics

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Gold has increased in value by 576% since the year 2000.

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For the entirety of 2022, global gold demand jumped 18% to 4,741 tonnes.

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The World Gold Council suggests putting 2-10% of your portfolio into a safe haven such as gold.

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Annual gold investment jumped 10% in 2022, with demand for gold bars and coins growing by 2%.

Gold's
Performance

Gold Price

£1,620.33

Gold is considered to be a true diversifier for your portfolio indeed, the World Gold Council suggests putting 2-10% of your portfolio into a safe haven such as gold.

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