Physical gold investment. Buy from trusted gold sellers Africa
Physical gold investment. Buy from trusted gold sellers Africa. One of the best way to hedge or acquire wealth is to buy physical gold. The tangible golds include gold bars, gold nuggets, gold dust and un refined golds. Investors opting for physical gold investment enjoy the advantage of tangibility and gives that peace of mind since the physical golds are tangible golds
Choosing to do gold investment in Africa gives assurance of getting pure golds of 24k and 22k as there considered to be the high purified golds of 99.9% and 91.7% respectively. African gold deposits produce a big a number of gold tones in a year. This has made it more preferred gold hub
Some of the top countries that produce physical gold are South Africa, Ghana, Mali, Uganda, Congo, Kenya and others. The gold deposits in these countries are completely regulated to supply gold in both Africa and international market
As a gold and copper trading in Africa, Jesa Minerals focuses on ethical gold sourcing and trading. In addition they work with the leading gold producers in different countries hence guaranteeing high quality gold supply
If your looking for an effective way to do physical gold investment, Africa with its regulated dols dealers in different countries like Jesa Minerals in Uganda have the best satisfying ethical transactions. However, to get reputable gold dealers, its better to make due diligence and search about reputable dealers.
Why choose physical gold investment in Africa
Africa is recently considered to be a largest gold supplier around the world and here are some of the reason why you should choose physical gold investment in Africa
High quality golds; These high quality gold include pure gold bars, nuggets, and dust. These come in 24k and 22k golds which considered the highest purified golds. Gold got from Africa match the standards of gold quality
Wide selection: The physical gold come in different gold forms and different sizes like gold bars, gold nuggets and dust. These appear sizes ranging from 1gram to 1 Kilogram of gold
Competitive prices: The African gold prices are always lower than that of Europe, North America and others die to lower operational cost. Every process on gold is less costly.
Ability for high return: The strong demand of the African gold on international market creates can easily create a lucrative investment opportunities
Various gold sources: Africa has got both the artisanal and large scale mining operations that give buyers a flexibility in product selection
Where to do physical gold investment in Africa
Choosing to do your physical gold investment in Africa can create high yields if you make research about the best trusted and reliable gold dealers offering security on export, clear prices and reliability. These are some of the countries were to buy gold from.
South Africa
Its considered to have the best refineries like Rand refinery as they supply quality bullion bars. In addition, the efficient market is a top notch as Johannesburg offers a clear precious meta spot trading of bullion bars
While buying , request for proof of assay report as they indicate the purity and weight of the gold and legal documents like export license and other certificates
Ghana
Known for being a leading producer has it has got several mines and refineries. Inn addition, all the legal gold transactions must pass through official bodies like precious minerals marketing company. Also the export process is totally transparent which involves gold testing, weighing and certification
As your buying, make sure your working with licensed gold exporters obtaining export transactions, assay certificates and proof of funds.
Gold East African Countries
Uganda
It’s a fast growing gold sector that is attracting international buyers as it also have strict regulations. The Ugandan prices are very attractive
While buying gold work with regulated dealers who are registered with ministry of Energy and mineral development like Jesa Minerals a gold and copper trading in Africa
Tanzania
It has got the richest gold deposits in East Africa offering high quality gold and legitimate export. The transparency upon how they sell gold is unmatched as they offer safe and secured deliveries international buyers
While buying gold from Tanzania work with mining companies and regulated dealers. The transactions made should be approved by the government
Kenya
The Kenyan gold market joins and rotates with in East African countries. Furthermore, its easy to access gold dust, gold nuggets and refined products
While buying, use dealers that do trading like Jesa Minerals that are certified by ministry of mining . Make sure you request for assay certificates and receipts required
Factors affecting gold prices in Africa
- The demand and supply: The gold prices change basing on local and expert demand
- Regulations and duties: The import/export taxes can lead to increase in the effective cost
- Global gold spot prices: The global spot price is the main driver setting the base price per kilogram.
- Currency exchange rates: if the local currency changes against to the dollar can impact local gold prices
How to buy physical gold in Africa. The steps to follow
Make a survey and identify reputable sellers: Make sure you use government approved dealers. These align with government as they obtain the legal documents
Verify documents: Request for mining licenses, export permits and proof of origin plus purity certification
Negotiate prices and complete transactions: To negotiate first get to know the spot prices and refer it as you also understand the local premiums or discounts
Arrange for insured and secured shipping: Use insured logistic providers and ensure all the paper work goes hand in hand with gold to avoid custom delays
Best ways on how to Store Physical gold
A person owning physical gold has to be more responsible about the securing storage. The common options include
- Home safes with appropriate insurance
- Specialized precious metals storage facilities
- Bank Safety deposit boxes
Each of these options comes with trade offs in accessibility, security and cost.
Things to consider before investing in Physical gold
- Research and understand ; Making research on gold prices, market trends and the potential risks helps to get guided.
- Store safely: Consider secure storage options such as a safe deposit box or home safe.
- Buy from reputable dealers: Make sure your purchasing from trusted sources to avoid counterfeits
The risks and considerations
Every good thing has its bad side of it. Here are some of the risks of investing in physical gold
- Storage and insurance costs; The cost of storage and insurance can be very high which makes it expensive.
- Liquidity issues: Selling physical gold can take longer and may involve dealer markup or discounts
- Lack of yields: Gold doesn’t produce income like stocks or bonds
Inconclusion
Physical gold give a peace of mind as its tangible store of value and great portfolio investment option. Whether a seasoned investor or just starting to explorer the world of gold, owning physical gold can provide a sense of security. Therefore it remains timeless and attractive
FAQs
1 How do I buy physical gold
You can buy physical gold from reputable dealers, online marketplaces or local coin shops.
2. How do I store physical gold?
You can store this gold .in a safe deposit box, home safe or secure storage facility.
3. Is physical gold a good investment?
Yes it can be a good investment for those seeking a safe haven asset or diversification.
4. How do I verify the authenticity of tangible gold?
You can verify the authenticity of this gold by checking for official stamps, hallmarks, or certificates of authenticity.
5. Can I sell the physical type of gold easily?
Yes this gold can be sold to dealers, online market places or local coin shops but its essential to research and understand market prices and fees