Senior bullion dealer, Oliver Temple, answers your questions.
John Waite (66) says:
I’ve a small pension pot but have inherited some money from my aunt recently. I know that gold is a safe haven and I’m looking at investing around £10,000 in gold.
The first thing to say is that gold should only form part of a portfolio, I would suggest no more than 15%. Although gold prices have been increasing in the last couple of weeks, gold as a short-term investment can be very volatile. I would advise taking a medium to longer-term view.
With around £10,000, you might want to look at investing in gold bars.
Pauline (55) asks whether physical gold can be included in her SIPPs and if so how easy is it to set up one.
Yes, physical gold can be included as part of your Self-Invested Personal Pension (SIPPS). We would be happy to put you in touch with one our recommended pension partners.
In answer to your other question, SIPPS are fairly straight forward to set up and can be done fairly quickly.
Wayne (47) asks where Gold Investments stores its gold.
We do offer secure storage facilities at some of the cheapest prices on the market.
Our vaults are at the London Silver Vaults. It’s worth a visit there – you can see a wide range of shop selling silverware. You can find out more here.
If you have any questions about physical gold investing, please get in touch with Oliver:
Gold Investments Limited
88 Gracechurch Street
London EC3V 0DN
Tel: 020 7283 7752
Fax: 020 7283 7754