Why buy gold and invest in gold?

Physical gold has always been an asset that enables investors to protect and secure their wealth against economic and financial crises. Serving as a currency of exchange for millennia and the world's safest investment, gold deserves its title of Safe Haven. Abacor's experts give you all the information you need on gold and explain why you should buy gold and invest in the yellow metal.

Why Buying Gold Secures Your Wealth

Gold, the ultimate safe haven

Keeping your money safe: that's why you should buy gold. Gold has an intrinsic value and does not depend on governments; its price varies mainly according to supply and demand. Saving in gold means securing your assets against stock market crashes and all kinds of systemic, economic, stock market, banking and financial crises. Savvy savers choose toinvest in gold to limit losses on other investments (passbooks, life insurance, stock market, real estate).

Here's why investing in gold is a safe-haven investment.

Gold Demand Sustained

Firstly, demand for gold is assured, as it is an irreplaceable raw material thanks to its technical characteristics and physical properties (ductile, durable, conductive).
Half the demand for gold is for jewelry, for which the appeal has always been based on gold's preciousness and fascination. The annual volume of gold purchased by investors has increased by at least 235% over the last three decades. Since the 2010s, central banks have bought between 450 and 600 tonnes of gold a year, confirming the high level of interest in gold on their part. As for industry, it has no substitute with the same special characteristics.

A Limited Gold Offer

According to the World Gold Council, all the world's gold mined to date represents some 153,000 tonnes, while only 60,000 tonnes remain to be mined. That's less than 25 years' worth of reserves to be mined at the rate of average annual consumption by the jewelry and industrial sectors. And just under 15 years of reserves would remain to be mined at the average annual demand for investment gold. With these predictions, there's no doubt that the price of gold will continue to rise.

Gold, a universal currency

For thousands of years, gold has been used as a currency throughout the world. Whether the yellow metal is used as a state currency or not, the world has always had confidence in gold as a value and a currency of exchange. Gold is highly liquid, so you can buy or sell it anywhere in the world, at any time.

A heritage at your fingertips

The importance of owning physical gold is that it is tangible. You have your gold savings in your own hands, unlike other investment products such as life insurance, bank passbooks or shares, which depend on third parties and remain under their control. You have the choice of storing it wherever you like, in a bank vault, in a private company, or at home.

Easy to store and transport

At present, a 1 Kilo gold bar is worth around 50,000 euros and is no bigger than a bar of soap. This means you can easily transport and store your savings without needing a lot of space. So you can buy gold and store it in a home safe, for example. Gold's physical characteristics also make it resistant to air and water, so it can stand the test of time.

Why buy gold for tax purposes?

No tax on gold purchases

Thepurchase of investment gold is not subject to VAT. And holding Gold is no longer taxable with the end of the ISF (Impôt Sur la Fortune), which has given way to the Impôt sur la Fortune Immobilière (IFI) since January 1, 2018.

Tax exemption on the sale of gold

The resale of investment gold benefits from a favorable tax regime for the investor. Under the Capital Gains Tax system, you are taxed only on the capital gain, and therefore pay no tax in the event of zero capital gain or capital loss. What's more, you benefit from an annual allowance of 5% from the 3rd year of ownership, and total exemption after 22 years of ownership.

Investing in Gold is Accessible

Today, it's easy tobuy physicalgold.Investing in gold is possible for people of all profiles - employees, executives, retirees - and all budgets.

Ingots

Rising gold prices have made investing in 1kg gold bars, the benchmark, elitist. But the introduction of smaller bars, called ingots, has made investing in gold accessible to all budgets. There are ingots ranging from 1 gram to 500 grams. So it's possible toinvest in gold withthe purchase of a gold bar for just a few dozen euros.

Parts

Exchangeable gold coins meet precise criteria (weight, denomination, etc.) that are known the world over. Constant investor demand makes them attractive. Buying gold coins in addition to your gold bullion allows you to diversify your gold savings and strengthen your assets.

Abacor offers you all ranges of exchangeable gold coins and gold bars.

Investing in gold bullion or coins?

You're spoilt for choice: the possibilities for investing in gold are vast. The answer to this question will depend above all on your objectives, and Abacor's experts are on hand to help you find the best gold investment plan.

Why buy gold to pass on?

Investing for your loved ones also means securing their future or helping to make their projects a reality. It's easy to order gold for your loved ones, and ideal for passing on your wealth or as a gift. Why buy gold for a gift? Its aesthetics, brilliance, history and fascination with gold will surprise anyone, whatever their age. Gold bars and coins can withstand the test of time without altering in any way, while retaining their aesthetic quality.
A gift of gold on the occasion of a child's birth, for example, will enable the child to benefit from very attractive tax treatment when he or she reaches adulthood, and even completely nil when he or she turns 23. In fact, passing on gold is very easy. All you have to do is make a donation so that the beneficiary becomes the full owner of the gold coins or bars you have given him/her.

The liquidity and low volume of precious metals make gold donation, inheritance and inheritance easier.
In the case of direct gifts, the donation of gold bar and gold coins from hand to hand is possible free of charge, without having to go through a notary, and by simply making a declaration to the tax authorities. What's more, you benefit from attractive exemption thresholds and tax allowances calculated according to the relationship between the donor and the new purchaser.
As part of an inheritance, investment gold is subject to the rules normally applied to inheritance. The allowance is the same as for a donation, with the exception of inheritances between spouses or PACS partners, and to grandchildren and great-grandchildren.

It's always a good idea to enlist the help of a precious metals expert.

Would you like to know more about buying gold?

Why buy gold with an expert?

Buying gold is a safe and reliable investment when the transaction is carried out with an agency specializing in gold sales. To ensure you make the right investment in gold, you can contact the Abacor experts. You can visit one of Abacor's branches in Paris or Neuilly-sur-Seine to find out more about gold. You can also contact the specialists online or by telephone for advice and support before buying gold coins or bars online. The solutions offered by Abacor are tailored to your profile, allowing you tosave in Gold in a secure and appropriate way. Secure your assets with the purchase of a gold coin, ingot or bullion.

Do you have any questions? Abacor's experts are qualified to answer, help and inform you. Put your trust in the precious metals professionals of a private and independent agency since 1996.