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Friday, 5th June 2009 (1854 views)

Investors in the US have been advised that they can benefit from tax advantages by investing in gold.

Gold Coins Gain noted that American eagle gold coins count as part of precious metal individual retirement arrangements allowed by the Internal Revenue Service.

The advisory firm explained that a limited amount of these pieces are produced, meaning their value is likely to increase and retirement account holders will see the benefit.

In addition, the gold coins are exempt from confiscation by the Federal government - a factor said to prompt many to regard them as a particularly safe investment option.

They are available in a range of denominations, with the US Mint guaranteeing them for weight, purity and size.

Earlier this week, Gold de Royale urged investors to buy gold sooner rather than later, because demand is likely to grow as a "period of severe inflation" approaches.

 

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