Frequently Asked Questions about Investing in Investment Gold and Silver
FAQ
Our Frequently Asked Questions section about investing in investment gold and silver provides you with all the essential information for making well-informed decisions in precious metals investments. Learn why investing in gold and silver is a reliable way to protect your assets, the differences between investment coins and bars, or how to select the right investment form according to your goals. Answers to questions on VAT, buying, selling, certification, and storage offer a comprehensive overview of the possibilities that precious metals bring. At Macho & Chlapovič, we ensure you have all the information needed for your investment decisions.
Why invest in investment gold and silver?
Investment gold and silver are among the most reliable methods of preserving value. These precious metals are valued for their stability and resilience to economic fluctuations. Investing in investment gold and silver provides long-term protection against inflation and secures assets during times of financial uncertainty.
What is the difference between investment gold and investment silver?
Investment gold and investment silver differ not only in price but also in investment characteristics. Gold is considered a safe haven for long-term investments, while silver has a higher growth potential but is also influenced by industrial demand. Silver coins and bars represent a more accessible option for newcomers to precious metal investments.
How to choose the right form of investment gold?
Investment gold is available in the form of gold bars and gold coins. The choice depends on your investment goals – gold bars are ideal for larger investments, while gold coins, such as the Maple Leaf or Wiener Philharmoniker, are popular for their liquidity and collectible value.
Is investment gold exempt from VAT?
Yes, investment gold in the form of coins and bars is exempt from VAT within the European Union. Investment silver, however, is subject to VAT, which should be taken into account in investment decisions.
How does buying and selling investment gold and silver work?
Buying and selling investment gold and silver is a straightforward process. At Macho & Chlapovič, you can choose from our wide range of offerings and make purchases in person at our branches in Bratislava and Prague or online. We guarantee fair evaluation based on the current market prices of investment gold and silver at the time of sale.
Where to store investment gold and silver?
Investment gold and silver can be securely stored at home in a safe or a safety deposit box. For larger volumes, we recommend professional storage services that ensure maximum security for your investment.
Is investing in investment gold and silver safe?
Yes, investing in investment gold and silver is considered a safe way to protect assets. Precious metals have long maintained their value and serve as an effective tool for diversifying an investment portfolio and protecting against inflation.
What factors influence the price of investment gold and silver?
The price of investment gold and silver is affected by factors such as supply and demand, geopolitical events, inflation, and the global economic situation. Keeping an eye on current market trends is advisable if you are planning to buy or sell these precious metals.
How is the price of investment gold and silver determined?
The price of investment gold and silver is set based on the current market price (spot price) on global exchanges. This price fluctuates regularly according to market developments and is influenced by various factors, including supply and demand, geopolitical events, inflation, and other economic factors. A premium is added to the spot price at purchase to cover production and distribution costs.
What does LBMA Good Delivery certification mean?
The LBMA Good Delivery certification is a standard ensuring high quality and purity of precious metals. Gold and silver from LBMA-certified producers have undergone rigorous assessment by the London Bullion Market Association (LBMA) and are recognized worldwide. This certification guarantees that products are authentic, of high quality, and meet internationally accepted standards.
What is the difference between investment coins and bars?
Investment coins and bars (gold and silver) differ in shape, size, and liquidity. Investment coins, like the Maple Leaf or Wiener Philharmoniker, are popular among smaller investors and collectors due to their liquidity and ease of recognition. Bars, available in various sizes from 1 gram to 1 kilogram, are favored for larger investments and often have a lower premium per gram compared to coins.
What is the difference between investment and collectible coins?
Investment coins are made of pure gold or silver and are primarily intended for investment purposes. Their value is mainly derived from their metal content. Collectible coins, on the other hand, may carry additional value due to limited mintage, artistic design, or historical significance. These coins often command a higher price due to their rarity, and thus their price can significantly exceed that of investment coins.
Why is investing in physical gold or silver better than paper investments in precious metals?
Physical gold and silver provide direct control over assets and can serve as a store of value during economic instability. Unlike paper investments, such as ETFs or certificates, physical metals are not dependent on financial markets or third parties. Physical precious metals can be securely stored outside the financial system, making them an effective tool for portfolio diversification.
Are investment coins and bars insured during purchase?
When purchasing investment gold and silver from Macho & Chlapovič, your investment is insured during shipment. This means the products will be delivered securely and insured. Once the delivery is received, it is the customer’s responsibility to store the items safely. For long-term storage, we recommend using professional storage services or secure safes.
