The gold jewellery material segment is projected to register the fastest growth of the entire jewellery market from 2022 to 2030 (Source: Statista). Gold has many uses beyond becoming coins or bars - the jewellery market accounted for 55.4% of the global gold demand in 2022. This is because people want to move their wealth away from the dollars and into gold. As a rule, when the dollar is weaker, relative to other currencies worldwide, the price of gold tends to increase in US dollar terms. This decrease in gold supply can then lead to higher gold prices. When compared to the 19702, 80s, and 90s, far fewer 50+ million, 30+ million or 15+ million ounce gold deposits are now being found, with mining production having levelled since 2016 (source: Investopedia). situation), people naturally want to reduce their risk and protect what they have.Īs gold is considered a safe-haven asset, this uncertainty can increase the demand for gold, and therefore increase its price. As a result, if your earnings and investments are not keeping up with inflation then unfortunately you will be getting poorer.Īs inflation damages the value of cash, many people are inspired to move their wealth into gold for added protection.Īt times of national or international uncertainty (created by the political, social, economic, etc. which can push people towards gold as a form of wealth insurance.Īs goods and services become more expensive, your cash buys less and less. Meanwhile higher interest rates can lead to more mortgage defaults, etc. Lower interest rates suggest a weaker economy, which can turn people away from stocks and shares and towards gold. Gold can benefit from both lower and higher interest rates. As a reputable bullion dealer, Direct Bullion are an authorised dealer of the PCGS (Professional Coin Grading Service). Graded 1oz gold coins have a protective case which keeps the coin in it's graded condition. There are two main types of 1oz gold coins - loose 1oz gold coins and graded gold coins - both types are shown above. This price difference is known as the ‘premium’ and when gold is popular, the premiums often increase too.Īs a result, people who choose to protect their wealth with 1oz gold coins are able to make money in two ways - firstly from the natural rise in gold prices, and secondly through the increase in the premium. This is commonly due to their collectability, status as legal tender, rarity and the work involved in minting the coin. 1oz gold coins feature a face value and year stamped on the obverse (or front), with their purity and weight inscribed on the reverse (or back).ġoz gold coins typically sell at a slightly higher price than the metal’s spot price. Naturally, you can also purchase any of the above 1oz gold coins from our secure website.ġoz gold coins have a legal tender status and are produced by The Royal Mint. Our team of gold experts are on-hand to help you every step of the way in your purchase of 1oz gold coins. This combination - only from Direct Bullion - has led to a long-standing reputation for integrity, professionalism and care, which has cemented the Direct Bullion position as one of the world’s go-to services for purchasing 1oz gold coins. You will also receive a complimentary subscription to our exclusive publication, InFocus (worth £299 per year). You will be assigned your own personal gold specialist who will work for you to keep you up to date with your gold, its growth and the financial markets. You have unlimited access to our friendly specialists who are on-hand to answer any questions you may have to help maximise your results and achieve your objectives. All items are delivered by reputable courier companies giving you confidence every step of the way. In addition, we have won multiple awards for service excellence and are independently rated at 4.8 out of 5.įor your complete peace of mind, all items are fully-insured for delivery and with door to door tracking. We are proud to be rated the UK’s No.1 Bullion Dealer from the respected Bullion Directory.
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