Climbing prices in 2024 have investors excited about gold’s momentum as the spot price flirts around its all-time high of US$2,483.68 in July 2024.
With constant geopolitical uncertainties around the world alongside inflation and interest rates, gold remains a “safe haven” investment.
On the side of buying physical gold as an alternative investment, we visited Border Gold in Surrey, British Columbia, and spoke with managing director Robert Levy in the video you can watch above. He is also a GlobalBC and CKNW contributor on financial topics.
Levy takes us through the process of buying physical gold, answers questions on storage, pricing and fees and offers tips on how to buy physical gold.
We discuss the price differences between gold coins and bars and how you can resell your physical gold if you want to liquidate your assets.
Levy previously shared his perspective on gold’s outlook for the remainder of 2024.
As of Tuesday, gold was last trading at US$2,431.30 an ounce.
For more trending gold stories, go to Stockhouse’s gold page. For additional information on increasing the gold in your portfolio, check out more conversations with Resource Maven’s Gwen Preston at VRIC and about where the gold growth in Canada is focused.
As well, check out three TSX gold companies that are up on the year.
Be sure to stay up to date on all the latest stock market news at Stockhouse.com.
Join the discussion: Find out what everybody’s saying about gold stocks and more by checking out Stockhouse’s stock forums and message boards.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
