Dusseldorf (RPO). Is the gold bubble burst? After a rapid flight of up
to 1380 € for the ounce (31.1 grams) in early September, the gold
price has slumped by 15 percent within weeks. How so? Gold was not as
profitable currency crisis?
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The main responses to the trade in gold
The worse the turmoil in financial markets, the higher the gold price?
Experts have an interesting explanation for the unexpected
development. The gold market is drifting apart: Here, physical gold,
paper gold there. Hot Topic for investors.
Gold is not the same as gold. This is not new. Finally, everyone knows
the difference between 333, 585, 750 and 995er gold. Entirely
different nature are the differences to pay attention to the capital
investors have. On the one hand, the traditional investment in
physical gold, in gold bullion and gold coins that are stored at home
or at a bank in the vault. On the other hand, the investment in
so-called paper gold, invest in securities that participate in the
gold price, without the buyer owns the precious metal directly.
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Gold - the currency crisis
Mark observers report that has emerged more recently, a significant
discrepancy between these markets. While the volume has shrunk to
futures on the yellow metal by 50 percent within a few weeks, the
demand for physical gold has continued to increase.
Glossy annual balance sheet
Despite temporary fluctuations in the opinion of nearly all gold
remains an attractive investment adviser as a long-term investment.
The yellow metal has - apart from speculative swings - in the course
of its history has never lost its value. Also, the current
twelve-month review of the gold price falls, compared to other
investments from shining.
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A year ago the price quoted for an ounce of gold at about 940 €, €
1381.07 in early September reached an all time high and has currently
stabilized at around 1200 €. Gain a good 25 percent! The World Gold
Council expects in the coming years with growing demand, particularly
in the two largest gold markets in the world, India and China.
According to a representative Forsa survey will also win gold in
Germany as an investment more ground. But how to best invest in gold?
Physical gold
Classic gold bullion bars and coins are. They are not only tangible,
but are still regarded as a universal means of payment. Around the
globe can be physical gold at a fixed daily fixed price at authorized
banks and gold dealers at any time into money. For gold purchases, a
buyer must pay, and that the difference between bid and ask prices.
These range from mini bars to one gram to one kilogram of gold
nuggets. Especially popular is the weight 31.1 g. This corresponds to
an ounce of gold for the base course. The smaller the denomination,
the smaller the weight, the higher the percentage surcharge. Is to
create small bars, does not make much sense. Proaurum, one of the
largest bullion dealers in Germany, called on the 25.10.2011, 20.00
clock, the following prizes:
1 g of sales, € 49, € 40 purchase, premium 22.5%
5 g € 217 sale, purchase € 196, 10.71% premium
10 g € 418 sale, purchase 392 €, 6.63% premium
31.1 g sale 1274 €, 1218 € purchase, 4.60% premium
50 g sale 2022 €, 1954 € purchase, 3.48% premium
Sale 100 g 4008 €, 3892 € purchase, buyer's premium of 2.98% €
1000 g 39 786 € sale, purchase 38 845 €, 2.42% premium
When buying gold bullion is prescribed for the fine gold content of
999.9 to be respected, otherwise must be tolerated at a sale
discounts.
In addition to the coveted gold coins bullion gold coins among
investors enjoy great popularity. Their massive success is due to the
fact that her weight exactly one ounce of fine gold equivalent. In
this way can easily calculate the daily value: quantity x price of
gold. Meanwhile, gold coins are available in other sizes. The most
popular bullion coin in the world is the Krugerrand from South Africa.
More than 60 million copies of it should be in circulation worldwide.
Of equal quality and the "kangaroo" are (Australia), the
"Philharmonic" (Austria), the "Eagle" (USA) and the "Maple Leaf"
(Canada). On 25 October was the price at 1285 € per piece (31.1 g).
With the name Krugerrand but abuse is driven. Appear on the Internet
offers that look like the original, but sometimes have a much lower
gold content. Even when buying gold so be careful. And who buys
physical gold, has to start thinking about where he kept his treasure
secure.
Gold Funds
A widely used alternative to investing in hard gold offer special
fund, known as Exchange Traded Commodities (ETCs) that track the price
of gold each. These gold shares are in principle to bonds. If the
issuer is insolvent, the worst case, may also suffer a total loss of
the investor.
For the safety of the facility, these papers are therefore deposited
the full amount of physical gold stored in bank vaults. In addition,
the investor has a vested right to convert his shares into hard gold.
This is complicated in practice, creating additional costs. The gold
reserve in the background, especially have a calming effect.
Speculation
Not all investors have an investment in gold is the safety aspect, or
the value received in the foreground. For them, gold is a speculation
as well as other financial assets. For these species, the market
offers investment opportunities in the form of gold certificates,
which are traded completely detached from a gold backing.
There are bets on rising or falling gold prices, with limited
duration, so-called futures contracts. Its trading volume was recently
declined sharply and has led to a stabilization of the gold market.
One can also say that the speculation has collapsed.
