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Thursday, 9th April 2009 (1650 views)

Gold coins are a "portable, insurable and very liquid" investment in the current economic climate, according to a dealer.

Investing in gold offers one of the "safest means" of diversifying portfolios, with prices not subject to the same market forces as financial assets such as stocks, What Investment reports.

The South African Gold Coin Exchange claims that "investing in gold coins could offer valuable returns", particular those that are older or rarer.

A "tangible asset", gold coins are easy to store, readily available and simple to purchase or sell at any time, the company suggests.

Gold is described by the firm as "an ideal safe haven to protect oneself against the effects of inflation and currency devaluation", particularly over the long term.

The South African Gold Coin Exchange was established in 1972 and is the largest distributor of gold investment, bullion, collectable coins and numismatic coins in the country.

 

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